According to the minutes from the Federal Open Market Committee (FOMC) meeting on 28-29 January, policymakers agreed that provided the economy remains close to full...
Donald Trump’s obsession with low interest rates is well-documented. In his world, cheap borrowing is a presidential birthright—something the Federal Reserve should deliver on command....
The European Central Bank has once again cut borrowing costs—for the fifth time since June—citing stagnant economic growth and inflation inching tantalisingly close to its...
In yet another dazzling display of monetary ambiguity, Federal Reserve Chair Jerome Powell has assured the world that the central bank is in no hurry...
In a rare moment of moderation, US consumer prices rose less than expected in December, providing much-needed relief after months of stubborn inflation. This development...
In a display of cautious deliberation—or perhaps just elegant procrastination—Federal Reserve officials decided in December to ease up on the throttle of rate cuts, citing...
President-elect Donald Trump’s advisers are busy scheming how to reshape the Federal Reserve’s leadership, reportedly eyeing Fed Governor Michelle Bowman for the vice-chair role overseeing...