The Bank of England (BoE) announced on Thursday that it lowered the policy rate by 25 basis points (bps) to 4% after the August meeting, as widely anticipated.
Federal Reserve Vice Chair for Supervision Michelle Bowman outlined significant changes to bank supervision and regulation during a speech at the California Bankers Association Bank Presidents Seminar...
Further changes to the Federal Reserve's short-term interest rate will need to be "finely tuned" to incoming data given the risks to both the U.S. central bank's employment and inflation goals, Richmo...
Richmond Federal Reserve Bank President Tom Barkin said the monetary policy outlook remains in a fragile balance given the conflicting pressures of rising unemployment and persistently high inflation....
The US Federal Reserve agreed to cut interest rates at its December meeting only after a highly nuanced debate about the current risks facing the US economy, according to minutes from the two-day meet...
The Federal Open Market Committee (FOMC) meeting, which will be held tomorrow morning, is a major focus for global financial markets. Investors are awaiting new guidance from the US central bank regar...
Federal Reserve Vice Chair for Supervision Michelle Bowman outlined significant changes to bank supervision and regulation during a speech at the California Bankers Association Bank Presidents Seminar on Wednesday. Bowman, who was appointed by...
Brent crude prices sank in volatile trading on Wednesday after U.S. President Donald Trump said Venezuela will supply tens of millions of barrels of oil to Washington. Oil prices were nursing losses from earlier this week after the U.S.' incursion...
US stocks were mixed on Wednesday as investors weighed uneven economic data against expectations for eventual Federal Reserve easing, with the S&P 500 easing 0.2% and the Dow Jones sliding 0.8% from recent record highs, while the Nasdaq 100...
Further changes to the Federal Reserve's short-term interest rate will need to be "finely tuned" to incoming data given the risks to both the U.S....
Greenland is not only a strategic location, but also a world-class mineral repository. The island holds vast reserves of rare earth elements (REEs),...
Asian stock markets weakened slightly on Wednesday after posting their best start to the year in history. The decline was driven by a decline in...
The world community must make clear that U.S. intervention in Venezuela is a violation of international law that makes the world less safe, the...