Ghana Business News, Monetary & Economic News

The OECD’s Composite Leading Indicators are designed to supply early signals of turning points in business cycles. By showing fluctuations within the output gap, they supply qualitative information about economic activity. The administration of the Bulk Oil Storage and Transportation Company Limited has assured the basic public of the safety of fuel products from the company.

The Fed took swift action when the pandemic hit the United States in March of 2020. The Fed introduced plans to maintain cash transferring by way of the economy by dropping the short-term Federal Fund rate of interest to between 0{d748010f325fca6ec6f460b6a4338af56bf31f4282a16824690b3f7d773fec73} and zero.25{d748010f325fca6ec6f460b6a4338af56bf31f4282a16824690b3f7d773fec73}, which is as low as they go. The central bank additionally pledged to purchase mortgage-backed securities and treasuries, propping up the housing finance market. The Fed has reaffirmed its commitment to those policies for the foreseeable future multiple times, most lately at a late January coverage meeting. We are continuing our profitable collaboration on attracting more personal sector capital to finance India’s infrastructure wants, which can assist development in each nations. We are also collaborating via continued technical support for the issuance of municipal bonds, including Green Bonds, for crucial city infrastructure enhancements. India and the United States look ahead to …