In recent remarks, Jerome Powell, the US Federal Reserve chairman, indicated that the central bank is prepared to hike interest rates further in its bid to counter persistently high inflation rates.

The Federal Reserve paused interest rates in its September meeting. But inflation remains high as Americans deal with record ...

Bank of International Settlements has warned that emerging markets remain a big concern as China's worry deepens. In a global market turmoil, any hasty decision could trigger another financial crisis.

Despite calls to the contrary the Federal Reserve is expected to raise interest rates by another 0.25% this week with Fed Chair Jay Powell expected to leave the door open to additional rate hikes ...

Federal Reserve Chair Jerome Powell said in a speech recently that the central bank would stamp out rapid inflation "until the job is done" despite a dropping inflation rate. While inflation has ...

At a summit in Shanghai, an academic has echoed some of his peers by recommending the dumping of US Treasuries – a move that ...

It was the first time since December 2021 that the BoE did not increase borrowing costs. Governor Andrew Bailey sought to ...

Major market averages opened trading higher on Friday but look to end the week on a sour note as traders weighed latest economic data and commentary from Federal Reserve officials, which indicate ...

Analysts expect the US Federal Reserve to pause interest rate hikes on Wednesday as the central bank looks to tame inflation ...

Federal Reserve Chair Jerome Powell said Friday the central bank could raise interest rates further if the economy and job market don’t weaken more substantially, suggesting that additional ...

LONDON, Sept 21 (Reuters) - The Bank of England halted its long run of interest rate increases on Thursday as the British ...

The Bank of England has paused nearly two years of interest rate increases after a surprising fall in U.K. inflation eased ...