Gold-fed Cash Drags Treasury Yields Far Below the Policy Rate
The Monetary Policy Committee is set to meet at the end of January 2027, or earlier if conditions require. Monthly inflation data, the unpublished gold plan and the Treasury's next auctions will show whether the price the Central Bank sets reaches the market where the federal government borrows. The National Bank of Ethiopia (NBE) thinks money costs 16pc. At the September 16 Treasury bill (T-bill) auction, the fed... Charged with transforming colossal state-owned enterprises into modern and competitiv... Although predictable Yonas Zerihun's job in the ride-hailing service is not immune to... Unhabitual, perhaps too many, Samuel Gebreyohannes, 38, used to occasionally enjoy a couple of beers at breakfast.