The decision to raise the key policy rate from 13.5% to 14.5% per annum was supported by seven out of the committee's 11 members at the January 22 meeting. Another three favored a hike to 14%, and one ...

Federal Reserve Chair Jerome Powell testified before a Senate committee and said the central bank's workforce is more ...

Jobs are being slashed, investment has been cancelled and retail sales are stagnant, while consumer and business confidence ...

It may now fall to the Bank of England to throw Reeves a lifeline. Andrew Bailey, the Governor, and his fellow interest ...

While rising job losses could temper strong wage growth and limit companies’ ability to put up prices, higher salaries for close to 6mn public sector workers and the estimated 5 per cent of all ...

County officials in Springfield, Illinois, have agreed to pay $10 million to the family of Sonya Massey, a 36-year-old Black woman shot and killed in her home last summer by a sheriff’s deputy ...

Thailand has restarted a process delayed for several months to select a new chairman for the nation’s central bank after a previous attempt to appoint a former minister to the post failed due to his ...

Newly-appointed Reserve Bank Governor Sanjay Malhotra will be chairing his first Monetary Policy Committee (MPC ... Trump is ...

Latest forecasts from the Office for Budget Responsibility (OBR) are thought to show that almost all the headroom has been ...

Its impact upon stocks – and of stocks upon it – has long been scant. Investors should ignore it and those who try to predict its actions.

President Donald Trump continues to forge ahead with transforming the federal government as his changes face multiple legal challenges. Meanwhile, Vice President JD Vance is meeting with Ukraines’ ...