Global Central Banks Wrestle With Slowing Growth, Stubborn Inflation
The Bank of England kept interest rates steady, as major economies confront a nasty mix of faltering economic growth, rising ...
Trump says Fed would be 'much better off' lowering rates as tariffs start
President Trump turned up the pressure on the Federal Reserve, saying on social media Wednesday evening that the central bank would "be much better off" lowering interest rates as tariffs go into ...
Dow jumps nearly 400 points after Fed signals rate cuts still on table
The central bank kept its benchmark overnight interest rate unchanged in the 4.25%-4.50% range, and indicated that two ...
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Trump nominates Fed Governor Michelle Bowman to be central bank’s top cop: ‘Economy has been mismanaged’
President Donald Trump nominated Federal Reserve Governor Michelle Bowman to the central bank’s top regulatory ... Trump said on social media. Getty Images Despite little experience with global ...
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Iran Central Bank reluctantly releases massively devalued IRR2mn note
By bnm Tehran bureau Iran's Central Bank has revealed images of the new IRR2mn (200,000 toman) banknote featuring enhanced ...
Federal Reserve leaves key interest rate unchanged amid uncertainty over economy, inflation
The Federal Reserve on Wednesday announced that it will leave a key interest rate unchanged for the second consecutive meeting amid persistent inflation and uncertainty about the economy.
With gold prices at all time-high, should you increase your allocation to gold, or is it time to scale back investments in the yellow metal?
Gold has recently shown stronger returns than equities, driven by trade tensions, inflation concerns, and central bank ...
Canada's annual inflation rate leaps to 2.6%, complicating path for BoC as tariff bite still looms
Spike in core measures "isn't good news as this doesn't yet reflect the impact of tariffs," CIBC economist says ...
Who is Mark Carney, former central banker, who is replacing Justin Trudeau as prime minister of Canada?
Carney has promised to stand up for Canada amid brewing trade war with Trump and speed up sluggish growth in national economy ...
The $300 billion question: What to do with Russia's frozen central bank money?
With U.S. support for Ukraine in doubt, Kyiv’s European allies are weighing whether to seize $300 billion in frozen Russian ...
Germany Is Lifting a Foot Off Its ‘Debt Brake.’ Here’s Why.
An incoming government wants to borrow much more to revamp the economy and rebuild the military. That means a change in the ...
How many rate cuts does the market expect this year?
Federal Reserve policymakers are meeting for the second time this year with markets overwhelmingly expecting them to leave rates unchanged in March, though cuts could be coming soon.