September 20, 2024/US Federal Reserve By Governor Michelle W. Bowman On Wednesday, September 18, 2024, I dissented from the Federal Open Market Committee’s (FOMC) decision to lower the target range for the federal funds rate by 1/2 percentage point to 4-3/4 to 5 percent. As the Committee’s post-meeting statement notes, […]
World News
African Philanthropist & Business Leader, Tony Elumelu Sets Out Africa’s Priorities for UNGA 2024
September 20, 2024/UBA Plc African philanthropist and business leader, Tony Elumelu, will make Africa’s transformative economic growth, youth employment, and energy transition central to the discussions at this year’s United Nations General Assembly (UNGA), taking place late September in New York. Elumelu will call for urgent action in a […]
Climate Finance by Multilateral Development Banks Hits Record in 2023
September 20, 2024/EBRD By Rezo Bitsadze Image Credit: EBRD MDBs offered record US$ 125 billion last year for climate action worldwide Mobilised global private finance nearly doubled to US$ 101 billion compared to 2022 Sum for low- and middle-income economies was US$ 74.7 billion, including US$ 24.7 billion for climate […]
