The BRICS nations, originally composed of Brazil, Russia, India, China and South Africa, have had many discussions about establishing a new reserve currency backed by a basket of their respective ...

While sub-Saharan Africa’s resilience is encouraging, vulnerabilities have been building up and will continue to test the ...

The policy world is aghast, but President Trump’s desires for monetary affairs aren’t as crazy as conventional wisdom portrays. I see three broad desires: Interest rates should be lower, in part to ...

Good morning.1 I would like to thank the Kentucky Bankers Association for the opportunity to join you again for your annual convention, this time with an important difference. Earlier this year, the ...

Ethiopian Central Bank Governor Mamo Mihretu’s resignation on 3 September left a gap at the centre of Ethiopia’s delicate economic order. Deputies can keep the National Bank humming, but this is no ...

THE FEDERAL RESERVE is usually run by technocratic consensus. Today it has become a battleground. On September 17th the Fed cut interest rates for the first time since December, by a quarter of a ...

JOHANNESBURG (Reuters) -The International Monetary Fund (IMF) cautioned Ethiopia on Tuesday that its reform agenda under a $3.4 billion loan deal is facing challenges from declining donor support, ...

Addis Ababa, May 29, 2025 (ENA)— Ethiopia has taken historic steps to address macroeconomic imbalances while fostering sustainable growth, according to the IMF. Over the past year, Ethiopia—Africa’s ...

Communication practices have taken center stage in the Federal Reserve's review of its monetary policy framework. In a Thursday morning speech, Fed Chair Jerome Powell said communication practices — ...

NEW YORK, May 14 (Reuters) - Central banks should still be able to conduct monetary policy effectively and perhaps be even nimbler in a more decentralized financial system, according to the findings ...

For release at 2:00 p.m. EDT May 7, 2025 Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace. The ...

China's economy has struggled to fully recover since the Covid-19 pandemic - Copyright AFP GREG BAKER China's economy has struggled to fully recover since the Covid ...