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 ...

As such, there may be dramatic differences in account interest rates from bank to bank. "People should shop around, and they shouldn't just shop around today; they should shop around a week from ...

(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 U.S. central bank’s key ... the Fed’s rapid rate hikes in the post-pandemic era, Bankrate compiled this guide of the Fed’s previous rate moves from 1981 to the present.

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 ...