The president wants to get rid of the Fed chair—if the markets will let him. We all have to hope he won’t gamble on that.

THE WHITE HOUSE, HE SAYS THINGS COULD BE CHANGING SOON IN SUPPORT OF OUR GOALS TODAY, THE FEDERAL OPEN MARKET COMMITTEE DECIDED TO LEAVE OUR POLICY INTEREST RATE UNCHANGED. WE BELIEVE THAT THE CURRENT ...

The heads of the U.S. central bank defied calls from President Donald Trump and his allies to cut the benchmark interest rate ...

The State Bank of Pakistan (SBP) has decided to maintain key interest rate at 11%, surprising analysts who had expected ...

In a year marked by mounting global economic headwinds, persistent domestic inflation, and fiscal pressures, the Central Bank of Nigeria has kept its foot firmly on the brake. At its July 2025 ...

Maintaining the elevated federal funds rate makes borrowing more expensive, but the alternative is artificially cheap money, malinvestment, and inflation.

Fed funds futures traders are pricing in a 46% probability of a rate cut by September, down from about 65% a day ago, ...

Federal Reserve holds steady on interest level but vote saw a pair of dissenting votes for the first time in decades ...

The central bank kept interest rates steady for a fifth straight meeting, despite badgering from President Trump. It has ...

Bucking pressure from President Donald Trump, the Fed announced it would hold its rate target at 4.25% to 4.50%. Investors anticipated the move.

In the year to 25 July 2025, the cedi appreciated by 40.7% against the US dollar, 31.2% against the British pound, and 24.2% ...

For the first time since 1993, two members of the central bank’s policy committee broke from the pack, but interest rates ...