Europe's central banks are no longer in a 'good place' as Iran war upends forecasts
A projection of a Euro currency sign is pictured on the facade of the European Central Bank (ECB) headquarters in...
Central banking
Fed votes to hold rates steady, notes 'uncertain' impacts from Iran war
WASHINGTON – The Federal Reserve on Wednesday voted to hold its key interest rate steady as policymakers navigate their way...
Here are the five key takeaways from this week's Fed meeting
U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee...
The Fed issues its latest interest rate decision Wednesday. Here's what to expect
The Federal Reserve has little choice but to stay on the sidelines this week as it navigates a mix of...
Markets' hopes for Fed interest rate cuts are rapidly fading away
U.S. Federal Reserve Chair Jerome Powell reacts during a press conference following a two-day meeting of the Federal Open Market...
Fed Governor Miran says job losses in February add to the case for more interest rate cuts
Federal Reserve Governor Stephen Miran said Friday that the weak February jobs report bolsters the rationale for the central bank...
New York Fed's Williams says tariff burden falls 'overwhelmingly' on U.S. businesses and consumers
John Williams, president and chief executive officer of the Federal Reserve Bank of New York, speaks during an Economic Club...
Fed's Goolsbee calls for a hold on cuts as current rate of inflation is 'not good enough'
Austan Goolsbee, president and chief executive officer of the Federal Reserve Bank of Chicago, speaks during the National Association of...
Fed officials split on where interest rates should go, minutes say
Divided Federal Reserve officials at their January meeting indicated that further interest rate cuts should be paused for now and...
Australia raises rates for first time since late 2023 as inflation hits six-quarter high
Michele Bullock, governor of the Reserve Bank of Australia (RBA), speaks during a news conference at the bank's head office...
Everything you need to know about Kevin Warsh, Trump's pick to lead the Federal Reserve
In his first stint at the Federal Reserve, Kevin Warsh came to a central bank that was about to be...
Trump nominates Kevin Warsh for Federal Reserve chair to succeed Jerome Powell
President Donald Trump on Friday named Kevin Warsh to succeed Jerome Powell as Federal Reserve chair, ending a prolonged odyssey...
Global central bankers unite in defense of Fed Chair Jerome Powell
Jerome Powell, chairman of the U.S. Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting...
Asia-Pacific markets set to open higher, tracking Wall Street gains on U.S. jobs data
Shanghai's city skyline as seen from observation deck at Shanghai Tower in China.Qilai Shen | Bloomberg | Getty ImagesAsia-Pacific markets...
Asia-Pacific markets trade mixed as Trump rattles defense firms and oil prices slide
SHENZHEN, CHINA - AUGUST 26: An aerial view of the Shenzhen skyline on August 26, 2020 in Shenzhen, Guangdong Province...
Minneapolis Fed's Kashkari indicates interest rates don't need to be cut much more
Minneapolis Federal Reserve President Neel Kashkari said Monday that he thinks the central bank is close to the point where...
Asian markets rise, defense stocks lead after after U.S. captures Venezuela’s Maduro
The skyline of Tokyo city, Japan.Tomohiro Ohsumi | Bloomberg | Getty ImagesAsia-Pacific markets began the first full trading week of...
Fed minutes show officials were in tight split over December rate cut
WASHINGTON — The Federal Reserve on Tuesday released minutes from its highly divisive meeting earlier this month, which concluded with...
Asia markets edge higher amid holiday-thinned trade; gold and silver hit fresh highs
TOKYO, JAPAN - JULY 27: Pedestrians and shoppers walk through the Akihabara area on July 27, 2023 in Tokyo, Japan....
Here's how AI could influence the Fed's economic outlook
Members of the Federal Reserve rate-setting committee say they are factoring increased labor productivity into their economic forecasts as artificial...
