News

Fed officials, citing uncertainty, reiterate patient policy stance
The first wave of Federal Reserve officials to weigh in after this week's policy meeting reiterated on Friday that the ...
Bank of England Cuts Rates After Fed Stands Pat
The Bank of England cut rates, highlighting a growing gap in how global central banks and the Federal Reserve are approaching ...
Federal Reserve Meeting Live: Chair Jerome Powell Says There's Still Room For Patience
Federal Reserve Chair Jerome Powell reiterated the need for a wait-and-see approach during a press conference following the ...
Text of Fed's May Monetary Policy Statement
For release at 2:00 p.m. EDT May 7, 2025 Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace. The ...
American Banker2d
Federal Open Market Committee press conference: Live coverage
Federal Reserve Chair Jerome Powell will likely be asked about the economic fallout from President Trump's tariff rollout ...
The Fed Holds Rates Steady. How to Maximize Your Savings and Cut Down on Debt
What the Fed rate announcement means for homebuyers, borrowers and savers.
The Bank of England is expected to cut interest rates in the face of US tariffs threat
The Bank of England is widely expected to cut interest rates on Thursday as a result of the potential shock to growth ...
Business Recorder2d
100bps cut in policy rate
EDITORIAL: On 5 May the Monetary Policy Committee (MPC) decided to reduce the discount rate by 100 basis points ...