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Tag "US rate hike"

US raises interest rates by 50 points — the biggest hike in two decades

    US raises interest rates by 50 points — the biggest hike in two decades

The United States Federal Reserve (Fed) has raised its interest rate by 50 basic points — the biggest hike since 2000 — in an effort to curb rising inflation. The

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FPI will decline, debt service cost will increase… how US rate hikes may affect Nigeria

    FPI will decline, debt service cost will increase… how US rate hikes may affect Nigeria

Over the weekend, Goldman Sachs, an American multinational investment bank and financial services, projected that the US government will hike interest rates by seven times in 2022 in a bid

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