By law, the U.S. Federal Reserve has two primary mandates. First, it aims to keep the Consumer Price Index (CPI) measure of ...
The central bank penciled in two rate cuts for 2025, but President Trump’s sweeping agenda has injected “remarkably high” ...
The Federal Reserve concluded its second meeting of the year by keeping the federal funds rate (FFR) at 4.25-4.50%, as ...
Fed policymakers said risks had increased, with a near unanimous sentiment in saying the outlook for the year was muddled.
The Bank of England has cut interest rates from 4.75% to 4.5%, their lowest level for 18 months. It is the third cut since August 2024, but the Bank said it will take a "gradual and careful ...