Federal Reserve System, interest rates
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Inflation has risen further above the Reserve Bank of Australia’s 2–3% target. There is now a very real prospect the Reserve Bank will feel it needs to increase interest rates at its meeting next week,
Borrowing costs are set to hold steady for the time being, as the Federal Reserve has returned to "wait-and-see" mode to determine whether inflation or unemployment poses the greater threat to the economy.
By Emmanuel Bruce and Christian Akorlie ACCRA, Jan 28 (Reuters) - Ghana's central bank slashed its main interest rate by 250 basis points to 15.50% - the lowest level in four years and below most economists' expectations,