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.

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 ...

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

What the central bank truly conveyed, and what has rattled markets, is that the long-term rates trajectory is higher.

The Federal Reserve ended its long streak of interest rate hikes this week, but the much-anticipated pause may offer little reprieve to Americans squeezed by higher borrowing costs. The widely ...

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.

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 ...

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 ...

The Federal Reserve is set to leave its key interest rate unchanged Wednesday as it seeks to guide the U.S. economy toward a ...

The latest drop in the inflation reading from 6.8% in July down to 6.7% in August, marks the sixth straight decline in the ...

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

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