Saturday, 3rd December 2022
<To guardian.ng
Search

US federal interest rate to stay near zero through 2023

By Abiodun Ogundairo
17 September 2020   |   2:05 pm
The US stock market received a boost from the Federal Reserve's announcement, with near-zero rates pushing capital towards shares. What was once a choice, before the coronavirus outbreak, might now be a necessity.

Related

22 May 2017
The NSE All-Share Index declined by 0.28 percent last week to settle the year to date return at 4.61 per cent despite recording four days of positive gains.
23 Jun 2017
Recent gains made on Nigeria’s Stock Exchange are under pressure from profit taking on the index.
11 Jul 2017
Last week was a bearish one for traders on the Nigerian Stock Exchange with the All Share Index losing two percent of its value.
11 Jul 2017
It was a positive start to the week as the Nigerian equities market recorded a 0.48 per cent gain at the close of trading on Monday.
18 Aug 2017
Nigeria's equities market was up 0.6 per cent on Thursday, recording its first gain of the week. This was spurred by a last minute rally by Dangote Cement.
1 Feb 2018
Nigeria's stock market best performing in world - Adeosun
25 Dec 2018
The president wrote that the Fed is "the only problem our economy has." Wall Street stocks plunged for a fourth straight session despite Treasury Secretary Steven Mnuchin's efforts to reassure investors.
21 Mar 2019
After a series of rises, the US central bank's policy meeting decided to hold interest rates in their current range. It also predicted a gloomier outlook for growth than that coming from Trump's White House.
20 Jul 2019
As equities trading closes for the week. StockBroker and Capital Market Analyst at Nigeria's equities market, Rotimi Fakayejo joins CNBC Africa for more.
2 Aug 2019
The US central bank cut interest rates for the first time since 2008, citing concerns about the global economy. The move comes amid economic uncertainties amid President Donald Trump's trade wars and Brexit.
1 Sep 2019
Ahmed Badr, head of equities for the Middle East, North Africa at Credit Suisse, talks about the region's stock markets. He speaks with Bloomberg's Manus Cranny and Tracy Alloway on "Bloomberg Daybreak: Middle East."
15 Sep 2019
Pakorn Peetathawatchai, president of Stock Exchange of Thailand, discusses foreign outflows, his confidence in the Thailand market, the Thai baht, the IPO market and the stock market rally. He speaks exclusively on “Bloomberg Markets: Asia” from the sidelines of the Thailand Focus 2019 conference in Bangkok.