Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions.
Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.
Live coverage of Fed Chair Jerome Powell's semiannual address to Congress. He spoke to the Senate on Tuesday and will speak ...
Sen. John Kennedy, a Republican from Louisiana, praised Powell and the Fed for bringing down inflation from a 9.1% peak in ...
Reserve Bank Governor Sanjay Malhotra emphasised that market forces determine the rupee's value against the US dollar, and ...
The Government's endeavour has been to promote the new tax regime, and personal tax changes in the last few Budgets have been ...
Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is ...
When the central bank "maestro" increases interest rates, many banks tend to follow. This can make the debt we're carrying more expensive (such as a 22% credit card APR vs. a 17% APR), but it can ...
(Reuters) – Czech National Bank Governor Ales Michl said that he will present a plan to the central bank’s board to invest in bitcoin and added that it was “very likely” the bank would cut interest ...
The Bank of Canada cut its key policy rate by 25 basis points on Wednesday, bringing it to three per cent. The Bank of Canada today reduced its target for the overnight rate to three per cent, with ...
The surprising strength of the U.S. jobs market and the stickiness of inflation have led economists to mull what was once unthinkable — a possible interest rate rise by the Federal Reserve this ...
He plans to present the consideration of including ... Separately Michl told the FT it was "very likely" the bank would cut interest rates by 25 basis points next week, resuming an easing drive ...