by Ntombi Malatsi | Jan 31, 2024 | ECONOMIC NEWS
What Is FOMC? Federal Open Market Committee (FOMC) is a committee within the Federal Reserve System (the Fed). Its mandate is to oversee the nation’s open market operations (i.e. the Fed’s buying and selling of United...
by Ntombi Malatsi | Jan 25, 2024 | ECONOMIC NEWS
About European Central Bank (ECB) Bank Rate: 4.50% President : Christine Lagarde Founder: European Communities Headquarters: Frankfurt , Germany ECB’s Christine Madeleine Odette Lagarde is a French politician and lawyer who has served as President of...
by Ntombi Malatsi | Jan 24, 2024 | ECONOMIC NEWS
What is A Central Bank? Central bank is a national bank that provides financial and banking services for its country’s government and commercial banking system. What is the role and function of Central Bank? To set official bank rates used to manage inflation and...
by Ntombi Malatsi | Jan 7, 2024 | ECONOMIC NEWS
Hello Subscriber, If you are not a subscriber, please subscribe to receive notifications on weekly economic news and other publications. This week we have 10 major economic releases. Always understand that the markets do not move randomly, they are affected by such...
by Ntombi Malatsi | Jan 4, 2024 | ECONOMIC NEWS
What Is Non-Farm Payrolls? Non-Farm Payrolls (NFP) also known as Employment Change is all about the change in the number of employed people during the previous month. These stats exclude the farming industry hence it is called Non-Farm Payrolls. The stats are usually...
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