Federal Reserve Bank of New York President John Williams said Tuesday the current level of short-term interest rates should ...

The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...

The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday.

Powell called the economy “strong overall” with a “solid” labor market and inflation that is easing but still above the Fed’s ...

The Fed chair is expected to deliver a simple message to lawmakers: Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.

Federal Reserve Chairman Jerome Powell is on Capitol Hill Tuesday for the first of two hearings he will testify in this week.

In principle, there is a clear division of responsibilities and accountabilities between the central bank on the one hand, ...

The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Nicaragua.Nicaragua's ...

Monetary Policy Committee (MPC) unanimously decided to cut the repo rate by 25 basis points, bringing it down from 6.50% to 6.25%. The decision is aimed at balancing growth with inflation control.

The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.

But while rates may fall a little further, the external environment has become much tougher – 2025 is looking to be the year ...