Tag: jerome powell
Op-Ed: Anchor Capital on how to make money out of equities in the aftermath of the global market collapse
Anchor Capital reviews asset classes across major geographies, with a focus on equities.
Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing programme, futures point to lower opening
In an emergency move Sunday, the Federal Reserve announced it is dropping its benchmark interest rate to zero and launching a new round of quantitative easing.
Federal Reserve Chairman Jerome Powell has hinted at a possible rate cut in his testimony to the House Financial Services Committee (HFSC), noting that it would be an appropriate move if the trade spat was slowing down the economy. Meanwhile, Nigeria’s equities market was down 0.2 per cent on Wednesday. Robert Omotunde, Head of Investment Research at Afrinvest Securities joins CNBC Africa for more.