A rate-setter at the Bank of England backed a “cautious” approach to cutting interest rates despite the “uncomfortable” ...

The House Financial Services Committee will hold a hearing Wednesday morning on “The Federal Reserve’s Semi-Annual Monetary Policy Report.” ...

Last week the rate was cut from 4.75% to 4.5% with the prevailing wisdom suggesting that the threat of a return to higher ...

Federal Reserve Chairman Jerome Powell testified on Capitol Hill Tuesday for the first of two hearings this week. Powell told ...

Federal Reserve chair Jay Powell is quizzed by members of Congress about interest rates, the outlook for the economy and the ...

Federal Reserve Chair Jerome Powell reiterated that he doesn’t believe the president of the United States has the authority ...

The Central Bank of Nigeria (CBN) has confirmed that the 299th meeting of its Monetary Policy Committee (MPC), initially scheduled ...

Catherine Mann has said her decision to vote last week for a larger rate cut than most fellow members of the Bank of ...

Powell called the economy “strong overall” with a “solid” labor market and inflation that is easing but still above the Fed’s ...

Catherine L. Mann on Thursday surprised investors by voting to lower the key interest rate by half of a percentage point, a larger move than that favored by the majority. Mann had on a number of ...

Despite that vote, Mann said she favors a key rate that is "well above" the 2% to 3% range that neither spurs nor slows growth, as estimated by BOE economists in 2018. That is commonly known as the ...

Over the last two trading sessions, the GBP/USD currency pair relinquished most of its upward rebound gains, reaching the resistance lev ...