The Federal Reserve on Wednesday (local time) cut interest rates by 0.25 per cent to the 4.25-4.50 per cent range. In its latest policy statement, the US central bank's rate-setting Federal Open ...

On Thursday, the Reserve Bank disclosed the formation of a new committee ... The committee's mission is to explore the current application of AI in financial services, both in India and around the ...

Unlike funds raised through deposits—where banks must maintain 4.5% of the amount as CRR with the Reserve Bank of India (RBI) and invest approximately 18% in government securities to meet SLR ...

At the December policy meeting last year, Federal Reserve officials penciled in three rate cuts for this year, according to median projections. Their prediction was spot on, with the central bank ...

The Bank of Canada also cut its rate by a quarter-point last week, as did the Bank of England last month. Beth Hammack, president of the Federal Reserve Bank of Cleveland, dissented from Wednesday’s ...

as did the Bank of England last month. Beth Hammack, president of the Federal Reserve Bank of Cleveland, dissented from Wednesday’s Fed decision because she preferred to keep rates unchanged.

Read more about tariffs and their intersection with rate cuts here. Beth Hammack, president of the Federal Reserve Bank of Cleveland, voted against the rate cut Wednesday, instead wanting to hold ...

Bitcoin's price dipped Wednesday after Federal Reserve Chairman Jerome Powell said the central bank is not looking to hold the digital currency and signaled a more cautious approach to rate cuts ...

Previously he worked in Frankfurt covering the European Central Bank at the height of the euro zone turmoil, the UK companies desk during the initial phase of global financial crash. He started ...

Speaking in a Wednesday press conference, Federal Reserve Chairman Jerome Powell acknowledged that progress in driving inflation down to the central bank's goal of a 2% annual rate has been slower ...

Federal Reserve Chair Jerome Powell indicated that the central bank may adopt a more cautious ... Central banks from emerging economies such as China, India and Turkey are quickly increasing ...