The Bank of England cut rates, highlighting a growing gap in how global central banks and the Federal Reserve are approaching ...

The Bank of England is widely expected to cut interest rates on Thursday as a result of the potential shock to growth ...

Thursday's decision was the British central bank's first since Trump announced wide-ranging tariffs on April 2, which ...

EDITORIAL: On 5 May the Monetary Policy Committee (MPC) decided to reduce the discount rate by 100 basis points ...

For release at 2:00 p.m. EDT May 7, 2025 Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace. The ...

Federal Reserve Governor Michael Barr said on Friday that the monetary policy is in a good position to adjust as conditions unfold, per Reuters. "Economic outlook clouded by trade policies that have ...

Federal Reserve Chair Jerome Powell reiterated the need for a wait-and-see approach during a press conference following the ...

The Fed is in a “good place to wait and see” before moving on interest rates, Powell said Wednesday. “We don't think we need ...

The State Bank of Pakistan (SBP) announced a 100-basis point reduction in its key policy rate, bringing it down to 11%, as ...

KARACHI: The State Bank of Pakistan's Monetary Policy Committee (MPC) meeting has been scheduled for Monday (today) to decide ...

KARACHI: Beating the market expectations of a 50 basis points (bps) cut, the State Bank of Pakistan (SBP) has slashed the ...

Federal Reserve Chair Jerome Powell will likely be asked about the economic fallout from President Trump's tariff rollout ...