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new york fedlatest news & developments
The Federal Reserve has made it clear that more increases can be expected as it attempts to realign the rates with the strength of the economy. (Reuters)
NEW YORK FED

Gold grows and dollar-rand rate appreciates

The recent rallying of the rand has also been indicative of the response from the outcome of the ANC’s 54th elective conference.

  • Thulebona Mhlanga
2 min read
ALAN SCHWARTZ

Bank chief blames rumours for Bear’s collapse

The head of the crisis-hit investment bank Bear Stearns has blamed short sellers and market manipulators for spreading negative financial rumours to induce a collapse of the…

  • Staff Reporter
4 min read