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World 24 Sep 2020 | 2:03 AM

U.S. Fed won't begin to consider raising rates until inflation hits 2 pct: vice chairman

WASHINGTON, Sept. 23 (Xinhua) -- U.S. Federal Reserve Vice Chairman Richard Clarida said on Wednesday that the central bank won't consider raising interest rates from near zero until inflation has hit the 2-percent target.

World 23 Sep 2020 | 12:41 AM

Kenyan bourse launches chat platform for investors

NAIROBI, Sept. 22 (Xinhua) -- The Nairobi Securities Exchange (NSE) said Tuesday it has launched the ChatBot, an instant messaging application that responds directly and automatically to inquiries from investors to enhance their participation.

World 16 Sep 2020 | 12:28 AM

Spotlight: U.S. Fed unlikely to offer new guidance on rates this week

WASHINGTON, Sept. 15 (Xinhua) -- While U.S. Federal Reserve has adopted a new policy strategy on inflation, the central bank is unlikely to provide new forward guidance on short-term interest rates at its meeting this week, economists have said.