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Top Fed officials comments highlight split on central bank about next interest-rate cuts
Powell said the Fed did not have to be in a hurry to cut rates further following three consecutive cuts since September last year. He said he was optimistic inflatio
Fed meeting recap: Powell says central bank is in no hurry to cut rates again
Central bank policymakers are widely expected to stand pat on interest rates. Investors await further details from Fed Chair Jerome Powell’s press conference.
US central bankers resist pressure from Donald Trump to cut interest rates
Jay Powell 1, Donald Trump 0. The president did not get what he wanted from the US Federal Reserve chair yesterday. Jay Powell and his fellow central bank officials held interest rates steady, defying pressure from Donald Trump to slash borrowing costs.
Fed holds interest rates steady, defying President Trump's call for cuts
The Federal Reserve announced this week that it will maintain current interest rates, a decision that could keep loans and credit more expensive for consumers.
Fed to Hold Interest Rates Amidst Pressure From Trump
During his campaign, President Donald Trump focused quite a bit on fixing inflation for Americans, allowing them to buy basic necessities. Now that he is in office, Trump plans on decreasing interest rates in an attempt to further decrease inflation.
20h
on MSN
Colombia central bank holds benchmark interest rate at 9.50% in surprise move
Colombia's central bank held the benchmark interest rate at 9.50% on Friday, surprising the market, which expected ...
2d
Central bank decisions — as they happened: Powell says no rush to adjust Fed policy stance; Canada cuts rates for sixth consecutive meeting
The Federal Reserve will almost certainly begin 2025 by keeping interest rates on hold at between 4.25 to 4.5 per cent.
New York Sun
1d
Against Central Bank Independence
For example, central bank independence seems to go hand-in-hand with lower inflation when the rule of law is strong. But, in ...
2d
EU vessel sanctions weigh on Russian grain exports, central bank says
The European Union's sanctions on vessels transporting Russian grain, along with Turkey's wheat import ban, impacted Russian ...
1d
on MSN
European Central bank cuts benchmark rate by a quarter percentage point to boost stagnant economy
The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers ...
2d
European Central Bank warns of weak economy after delivering quarter-point rate cut
The European Central Bank is widely expected to cut interest rates for the fifth time since it began easing monetary policy.
2d
Banks, importers seen lapping up India central bank's $5 bln FX swap
The Reserve Bank of India's $5 billion dollar/rupee buy-sell swap auction on Friday is likely to see strong demand from ...
2d
Brazil’s Central Bank Raises Rates as Inflation Sticks, Credibility Falters
The bank’s monetary policy committee increased the benchmark rate by a full percentage point to 13.25%.
Global Finance
18h
Syria Appoints First Woman As Central Bank Governor
In late December, Maysaa Sabreen was appointed caretaker governor of the Central Bank of Syria. Sabreen stepped up from ...
decrypt
2d
Czech Central Bank to Consider $7 Billion Bitcoin Reserve: Report
The head of the Czech central bank is about to propose that the institution add Bitcoin to the country's reserves.
Hosted on MSN
1d
Man accused of Lexington bank robbery ran, threw money along the way
The Lexington Police Department said the man did not show a weapon. Around 7 p.m. on Wednesday, officers attempted to pull ...
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