Central banking
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Finance
How the Federal Reserve’s rate policy affects mortgages
The Federal Reserve lowered its interest rate target three times in 2024. This has many Americans waiting for mortgage rates…
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Economy
Russian central bank surprises markets by holding key rate at 21%
MOSCOW, Russia: The Russian central bank has cut its key interest rate by 300 basis points for a third time…
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Economy
Bank of England holds rates but vote split surprises markets
The Bank of England pictured in December 2024. Sopa Images | Lightrocket | Getty Images LONDON — The Bank of…
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Finance
Fed cuts by a quarter point, indicates fewer reductions ahead
WASHINGTON – The Federal Reserve on Wednesday lowered its key interest rate by a quarter percentage point, the third consecutive…
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Economy
UK inflation rises to 2.6% in November, in line with expectations
The columns of Royal Exchange are dressed for Christmas, at Bank in the City of London, the capital’s financial district,…
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Finance
Powell says he’s not worried about the Fed losing its independence under Trump
Jerome Powell, chairman of the US Federal Reserve, right, speaks during the New York Times DealBook Summit at Jazz at…
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Finance
Watch live: Fed Chair Jerome Powell discusses central bank independence, crypto at Dealbook conference
[The stream is slated to start at 1:40 om ET. Please refresh the page if you do not see a…
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Economy
Euro zone inflation climbs to 2.3% in November, meeting expectations
The stalls at the 590th Dresden Striezelmarkt are brightly lit at the opening. Sebastian Kahnert | Picture Alliance | Getty…
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Finance
Watch Fed Chair Powell speak live to business leaders in the Dallas area
[The stream is slated to start at 3 p.m. ET. Please refresh the page if you do not see a…
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Economy
Top Wall Street execs are getting skeptical on the Fed’s easing path
A trader works as a screen displays the Fed rate announcement, on the floor of the New York Stock Exchange…
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