Market observers, however, had been divided over whether the Fed will impose its typical cut of a quarter of a percentage ...

The US Federal Reserve finally cut benchmark interest rate by 50 bps to 4-3/4 to 5%.

The US Federal Reserve has slashed its key interest rate by 50 bps to 4.75 per cent-5 per cent after keeping it elevated at ...

Asset prices soared as investors took Powell at his word that the outsized rate cut wasn’t in response to a substantial economic weakening.

The Federal Reserve, the central banking system of the United States, recently wrapped up a pivotal meeting that has left the ...

The Bank of England on Thursday held interest rates steady, saying it most work to reach its goal of 2% inflation in a ...

In a move that was widely anticipated, the Federal Open Market Committee (FOMC) opted on Wednesday to cut its fed funds ...

Fed’s bumper interest rate cut signals that inflation is on track to return to the bank’s target of 2%.

The U.S. central bank on Wednesday kicked off an anticipated series of interest rate cuts with a larger-than-usual ...

The BNZ has further tweaked its home loan rates after the US Federal Reserve cut benchmark interest rates overnight.

The Federal Reserve central bankers say the economy is solid, but inflation isn't quite dead. Their actions tell a very ...

It might tempt the European Central Bank to consider lowering rates again next month, for a third time since June.