News

PennantPark Floating Rate Capital Ltd. reported Q2 2025 results, highlighting $2.34 billion in assets and a $25 million net investment income. PennantPark Floating Rate Capital Ltd. reported its ...
The average rate for a 15-year fixed mortgage is 6.01%, which is an increase of 0.09% from the same time last week. Given so much economic uncertainty, the Federal Reserve is adopting a wait-and ...
The naira showed renewed strength on Thursday, May 8, 2025, when it rebounded in the Nigerian Foreign Exchange Market (NFEM). The local currency closed trading at N1,608.10 per dollar, up from N1,612 ...
Friday’s focus for the Pound Euro (GBP/EUR) exchange rate will likely be market appetite for risk, amid a lack of any data releases from the UK or Eurozone. However, a speech from Bank of ...
Fed Chair Jerome Powell played down any impressions Wednesday that the central bank was looking ahead to cushion economic weakness from President Trump's tariffs by cutting rates. And in the U.K ...
We use a novel dataset of online prices of identical goods sold by four large global retailers in dozens of countries to study good-level real exchange rates and their aggregated behavior. First, in ...
Despite President Trump’s calls for lower interest rates, the Federal Reserve left ... to generate a rise in inflation, a slowdown in economic growth, and an increase in unemployment,” Fed ...
The Federal Open Market Committee on Wednesday afternoon concluded its bi-monthly meeting and announced it was holding the federal funds rate at 4.25%-4.50% ...