U.S. President Donald Trump on Thursday said he wants the Federal Reserve to cut interest rates at a time the central bank ...

Despite the independence of central banks, there’s no getting politics out of monetary policy.

The Bank of Canada today reduced its target for the overnight rate to 3%, with the Bank Rate at 3.25% and the deposit rate at ...

European shares reached a record high on Thursday, driven by industrials and technology stocks, as investors awaited the ...

Fed chair Jerome Powell said he has not talked with Trump since the president demanded last week “interest rates drop ...

Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn ...

The Federal Reserve held interest rates steady at its January meeting following three consecutive rate cuts amid uncertainty ...

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%.

Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.

Economists predict that the Trump administration’s trade policies could push up prices for consumers, making it harder for ...

US Federal Reserve has a dual mandate to act independently and keep inflation and employment in check, primarily by raising ...