The European Central Bank on Thursday cut interest rates by a quarter of a percentage point, saying it expects inflation to fall back to its target later in the year and signaling that further easing ...
Thursday’s report on U.S. gross domestic product growth in the fourth quarter was slower than expected, but “the economy ended 2024 on a strong note,” according to FHN Financial. “Domestic demand is ...
The Governing Council today decided to lower the three key ECB interest rates by 25 basis points. In particular, the decision to lower the deposit facility rate – the rate through which we steer the ...
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth Social platform, Trump went on the attack: Because Jay Powell and the Fed ...
With soaring inflation and slowing growth, Bangladesh faces a tough test. Experts argue that interest rate hikes alone won’t revive the economy—broader policy measures are needed ...
The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.
The fading shadow of reflationists in the Bank of Japan, and the latest addition to the board of an academic favouring an end ...
The Hong Kong Monetary Authority left its base rate unchanged at 4.75% on Thursday, tracking a move by the U.S. Federal ...
Chairman Jerome Powell said the central bank is in wait-and-see mode amid mostly positive U.S. economic conditions.
After a two-day meeting of its monetary policy committee in Washington, the Fed announced it would hold its rate target at 4.25% to 4.50%.
Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s ...