The government could hit its borrowing limit as soon as May if tax revenue falls short of expectations, or as late as ...
Wholesale funding is alternate funding for banks and finance companies from institutions and wealthy investors. Brokered deposits and public debt are two common sources.
When the Fed raises the fed funds rate, it’s aiming to boost short-term borrowing costs throughout the economy. This in turn reduces the supply of credit and makes loans more expensive for everyone.
Jerome Powell, the Fed chair, said that “further progress may be delayed” on inflation because of tariffs. Officials kept ...
during the debate on President Mahama’s State of the Nation Address (SONA), Dr Boako expressed deep concern over the growing reliance on short-term borrowing. Dr Boako highlighted that the ...