From the corridors of the United Nations to the boardrooms of global finance and the policy rooms of Nigeria's Central Bank, Moghalu has built a reputation as one of Africa's most influential voices on governance, economic reform, and institutional development. In an era when Africa grapples with the twin challenges of governance deficits and the quest for…
Economic News
The average long-term U.S. mortgage rate rose again this week, reflecting ongoing bond market volatility as surging oil prices due to the war with Iran heighten inflation worries. The average rate on a 30- year home loan echoes the trajectory of U.S. 10- year Treasury bond yields, which lenders use as a guide to pricing home loans. The 10- year Treasury yield was at…
Fed Chairman Jerome Powell announced last week that he's going to remain on the Federal Reserve Board until 2028 even as he by law surrenders his chairmanship. The announcement came even after President Donald Trump agreed to drop his unwise lawsuit against Powell for funding a $2 billion new Taj Mahal building down the street from the White House.
Bankrate’ s 40 years’ worth of consumer finance rate data— the Bankrate Monitor National Index as well as select consumer polling data— is now available through Federal Reserve Economic Data, the online database maintained by the Research Division of the Federal Reserve Bank of St. Louis. "This placement is the next step in Bankrate’s four decades of providing…
WASHINGTON- Federal Reserve officials said on Wednesday the ongoing U.S.- backed war with Iran is raising the risk of a sustained inflation shock, with continued high oil prices and developing concerns about problems with global supply chains. While there was initial concern the war would hurt U.S. job growth and demand while also leading to higher prices, "It has…
2026 MAY 06– By a News Reporter-Staff News Editor at NewsRx Science Daily– Researchers detail new data in Science- Demography. Income Growth Over Five Generations of Americans. Demography, 2026. Demography can be contacted at: Duke Univ Press, 905 W Main St, Ste 18- B, Durham, NC 27701, USA. The news editors report that additional information may be obtained by…
2026 MAY 06– By a News Reporter-Staff News Editor at NewsRx Policy and Law Daily– Investigators publish new report on Economics. For more information on this research see: Digital Currency As a“ watchdog” Central Bank Digital Currency and Corporate Misconduct. Journal of Business Research, 2026; 210. Journal of Business Research can be contacted at: Elsevier…
A study done at the end of 2025 by MarketScreener.com found that 43% of U.S. homeowners renovated their home last year, and an additional 33% plan to renovate this year. This means roughly two in five Americans are either currently remodeling or planning to do so! And despite the U.S. being set to get a new head of the Federal Reserve, I don't see interest rates…
The following information was released by the Federal Reserve Bank of New York:. Kartik Athreya, Director of Research and Head of the Research and Statistics Group. Ill thank first of all Stephan Luck and the program committee for making this happen, and Cindy Smith in our events team, well, for making this happen.
The following information was released by the Competitive Enterprise Institute:. The Federal Reserve held interest rates steady, and outgoing Chairman Jerome Powell will remain on the Fed's Board of Governors when Kevin Warsh takes over. GDP rebounded to 2 percent growth in the first quarter of 2026. Spirit Airlines shut down, likely making it a victim of…
KBRA releases the April 2026 issue of CMBS Trend Watch. In addition, with the Federal Reserve leaving interest rates unchanged in April, rate stability could boost issuance. In April, KBRA published pre-sales for 10 deals, including five SB, two conduits, one Agency, one CRE CLO, and one re-remic.
Federal Reserve Vice Chair for Supervision Michelle Bowman argues this was a result of federal policies and could be reversed by her proposed reforms to capital requirements. In 2013, the Federal Reserve adopted its initial "Basel III" framework, which imposed deduction caps that effectively limited the mortgage portfolios held by banks, and a 250%…
Federal Reserve Vice Chair for Supervision Michelle Bowman argues this was a result of federal policies and could be reversed by her proposed reforms to capital requirements. In 2013, the Federal Reserve adopted its initial "Basel III" framework, which imposed deduction caps that effectively limited the mortgage portfolios held by banks, and a 250%…
The following information was released by the Federal Reserve Board:. It is a pleasure to join you for the annual Women in Housing and Finance Symposium.1 As a woman in finance, I appreciate this organization's focus on women in the industry. From ancient Greece to the Ponzi schemes of the 1920 s to the telemarketing scams of the 1990 s, fraud has always evolved…
2026 MAY 05– By a News Reporter-Staff News Editor at Economics Daily Report– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ CENTRAL BANK OF OKLAHOMA” by Kent R. Erickson AVEK IP, LLC, representing Central Bancompany, Inc. This application was made available to the public on April 21,…
The government will continue to protect and strengthen the sectors most affected by U.S. tariffs. Today, the Honourable Melanie Joly, Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions, and the Honourable Evan Solomon, Minister of Artificial Intelligence and Digital Innovation and Minister responsible for…
CPI Card Group Inc., a payments technology company providing a comprehensive range of physical and digital payment solutions for U.S. financial institutions, processors, fintechs, prepaid program managers and more, today reported financial results for the quarter ended March 31, 2026 and affirmed its financial outlook for 2026.. A proprietary technology…
The following information was released by the Federal Reserve Board:. Anthropic's Mythosan AI model that identifies cyber vulnerabilitieshighlights the dynamic nature of this technology and the rapid pace that its capability can evolve. Whether used in targeted modeling or enterprise-wide tools, AI will become a force multiplier for the financial…
The following information was released by the Federal Reserve Bank of New York:. Remarks at the Cynosure Group Spring Symposium, New York City As prepared for delivery. Today, I will talk about how the Federal Reserve is working to achieve its dual mandate of maximum employment and price stability at a time of great uncertainty.
