Federal Reserve Chair Jerome Powell announced that the US central bank will be keeping its interest rates unchanged for now, citing inflation levels which fall above Fed’s 2 per cent…
The US Federal Reserve lowered its benchmark interest rate by a half percentage point (50 basis points) on Wednesday, in an aggressive start to a policy shift aimed at bolstering…
The Federal Reserve on Wednesday indicated that progress has been made towards its 2% inflation target, hinting at a potential rate cut—the first in four years. In a statement following…
LONDON: Britain's consumer price inflation fell by less-than-expected in April, raising fresh doubt about the Bank of England's plans to cut interest rates in the coming months which would give…