Trump has been less than subtle in urging the Fed to cut the rates it controls. Powell, in what has been a rare pushback ...

Under normal circumstances, a pair of dissents in favor of a rate cut would be taken as a sign the Fed is taking a dovish ...

Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also eased. The ...

The proposed changes in March sparked heated debates, especially among the political circles, capitalizing upon their vote ...

President Donald Trump is once again floating the idea of firing Federal Reserve Chairman Jerome Powell, ostensibly in ...

Some advisers argue the country already has a de facto zero interest rate regime, since Chinese banks — guided directly by the central bank on loan pricing — have steadily lowered borrowing costs over ...

Monetary policy announcements from central banks in Canada and the United States are scheduled for July 30, and most economists are expecting no changes to borrowing costs.

"The bulk of councils (58 out of 78) completed long-term plans in 2024. On average these plans envisaged one more year of ...

The Tax Office has revealed that it now approves about 70 per cent of taxpayer requests to have tax penalties waived, down ...

Fed Governor Christopher Waller and Fed Vice Chair for Supervision Michelle Bowman, both appointed by President Donald Trump ...

The US President has ‘chickened out’ of harsh tariffs before. Even if he doesn’t back off from his August levies, US ...