Bloomberg Investors are bracing for the dollar to keep appreciating through at least early 2020 even though the Federal Reserve looks poised to cut rates and the risk of a US recession remains elevated. The dollar has already surprised investors by holding steady even after Fed reductions in July and September. Now, with the world’s growth outlook decidedly downbeat, Columbia ...

Bloomberg Kenya should do more than removing interest-rate caps to boost access to finance and credit extension, the International Monetary Fund’s (IMF) Africa director said. “There is also a need to foster more competition in the banking system,” Abebe Selassie said in an interview in Kenya’s capital, Nairobi. The sector should “have effective credit bureaus and quick resolution of disputes,” ...

Bloomberg The Reserve Bank of Australia (RBA) could turn to unconventional monetary policy as soon as February following the decision by lenders to only pass on part of the latest interest-rate cut, according to Citigroup Inc. The central bank is likely to cut again in February, and with lenders’ ability to pass on such reductions now constrained “this date is ...