Federal Reserve,US Federal Reserve Stories

Relief for Kenyan consumers as benchmark lending rate expected to be slashed again
Alfred Onyango  |  Dec 27, 2024

The projection is pegged on the move by the United States central banking system, the Federal Reserve, to enact the third consecutive interest rate cu...

Fed rate cuts to revive loan appetite for developing countries - IMF
Alfred Onyango  |  Sep 20, 2024

The lender says developing nations will be looking to leverage the easing cost of accessing loans to acquire more funding.

What benchmark US Fed rate cut means for Kenya's economy and consumers
Alfred Onyango  |  Sep 19, 2024

Apex banks globally use the interest rates as either a gas pedal or a brake on the economy when needed.

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