News

By bna Johannesburg bureau South Africa's central bank has cut the country's key interest rate by 25 basis points to 7% ...
Trump's next Fed pick is set to be more open to lowering rates, but what that ends up looking like in practice might not be so aggressive or immediate.
The two Federal Reserve governors who favored an interest rate cut at the U.S. central bank's policy meeting this week said ...
The Fed holds rates steady amid strong employment and persistent inflation above 2%. Learn why this cautious approach ...
China's central bank has set up a macroprudential and financial stability committee to help defuse financial risks, it said ...
On one hand, they have been affirmed as safe and sound by members of the Central Bank of Nigeria (CBN)’s Monetary Policy Committee (MPC). On the other, they are making significant progress in their ...
Trump called the Fed chair "TOO ANGRY, TOO STUPID, & TOO POLITICAL" after the central bank left interest rates unchanged ...
"In support of our goals today, the Federal Open Market Committee decided to leave our policy interest rate unchanged," Federal Reserve Chair Jerome Powell said. "We believe that the current stance of ...
LONDON (Reuters) -The Bank of England is expected to cut interest rates next week but the likelihood of a fresh three-way ...
The president wants to get rid of the Fed chair—if the markets will let him. We all have to hope he won’t gamble on that.
The heads of the U.S. central bank defied calls from President Donald Trump and his allies to cut the benchmark interest rate ...
Maintaining the elevated federal funds rate makes borrowing more expensive, but the alternative is artificially cheap money, malinvestment, and inflation.