If the economy is “hot” and “booming,” the Fed shouldn’t lower interest rates. Republicans keep flubbing this.

The Russian central bank cut its key interest rate by 200 basis points to 18% on Friday, hoping to revive lending and boost ...

The Bank of Russia cut its key rate to 18% from 20% on Friday, having lowered borrowing costs in early June for the first time since 2022. That was a larger cut than investors had expected.

The USD/TRY exchange rate surged to a record high this week after the Central Bank of the Republic of Turkey (CBRT) slashed ...

The Fed’s decision on interest rates affects many types of consumer borrowing costs, from credit cards and mortgages to auto ...

"The trade deal opens the way for the BOJ to raise rates," said JP Morgan Securities economist Ayako Fujita. "It adds reasons ...

The wait for a more affordable housing market is only getting longer as lingering inflation and tariff uncertainties keep the ...

In its latest published forecasts, in May, the bank said that if, as markets expected, it lowers its cash rate target to 3.4% ...

New forecast sees U.S. housing starts dropping 4% in both 2025 and 2026 as inflation, high rates, and labor shortages weigh on construction growth.

BENGALURU -The U.S. Federal Reserve's independence is under threat from mounting political interference, according to a clear ...

The Bank of Japan will raise its key interest rate by at least 25 basis points by year-end, a majority of economists said in ...

Despite this, the Fed continues to project two interest rate cuts this year, although it only anticipates a 25 basis point cut in 2026 and 2027. In its updated forecasts, the Fed lowered its GDP ...