The rate cut follows a larger half-point reduction in September, and it reflects the Fed’s renewed focus on supporting the ...

But central bank boss Jerome Powell added to the upbeat mood Thursday by insisting that the outcome of this week's vote would ...

Barclays expects the Bank of England to hold interest rates at its December meeting, revising its prior forecast of a cut, ...

Amin Ul Ahsan, chairman of BPC, which is responsible for oil and petroleum imports, distribution, and marketing, credited the swift debt clearance to strategic shifts that restored the agency’s image ...

Europe must make radical reforms and ramp up investment to catch up with the United States or face a painful decline: that is ...

Mr Powell was named chairman of the Fed by Trump in 2017, but later become became a frequent target of his criticism. During ...

Bank of England governor Andrew Bailey was asked at the press conference about President-elect Donald Trump's comments on raising tariffs on imports into the U.S. "We have to watch very carefully the ...

The Federal Reserve's top official was emphatic that he and other leaders on the Board of Governors cannot be dismissed or ...

If the Fed is fortunate, dialing back its past rate increases will allow the economy to continue growing steadily with the ...

The Fed on Thursday cut interest rates for the second time this year, opting to lower its target rate by a quarter of a percentage point.

The Federal Reserve reduced its key interest rate by a quarter-point as a response to declining inflation and post-election ...

Today's widely anticipated Fed rate announcement will have a notable impact on savers. Here's what to expect for savings and ...