The U.S. Federal Reserve lowered its key interest rate by 50 basis points on Wednesday for the first time since 2020. The Fed had maintained its policy rate at 5.25-5.50% for 14 months, which is ...

The Bank of England kept interest rates at 5.0% on Thursday, saying it would be careful about future cuts, and also held off ...

The Bank of England may sit out this month's interest rate cutting bonanza, but Thursday's meeting will still be meaningful, ...

The impact of the steep, five-percentage-point rise in short-term interest rates has fallen on borrowers who depend on such ...

The European Central Bank’s monetary-policy strategy review will focus on what happens to the economy after the pandemic and ...

Gold reached a new all-time high of $2,600 in the American session on Wednesday. Although XAU/USD made a sharp U-turn and ended the day in the red, it started to gather bullish momentum early Thursday ...

U.S. presidential election is impacting financial markets, and the overall trend in the U.S. dollar remains bearish before ...

The Bank of England may have got a head-start on the Federal Reserve, but the tone from UK policymakers is still much more ...

Federal Reserve Chairman Jerome Powell explains the decision to cut the policy rate, federal funds rate, by 50 basis points to the range of 4.75%-5% after the September meeting and responds to ...

The Level I exam for the Chartered Financial Analyst (CFA) designation can be challenging. Here's what to expect.

The Fed is about to cut the Fed Funds Rate by 25 basis points while maintaining Quantitative Tightening for the first time ...

The jointly optimal monetary and fiscal policy mix in a multi-sector New Keynesian model with sectoral government spending and productivity shocks entails a separation of roles: Sectoral government ...