Federal Reserve Chairman Jerome Powell is on Capitol Hill Tuesday for the first of two hearings he will testify in this week.

The country’s tight monetary measures are beginning to yield results, paving the way for a gradual stabilisation in consumer prices, according to CAL Bangladesh, a financial services company.

The unanimous rate cut by 25 basis points and the continuation with the neutral stance of the policy is a foregone move that ...

Federal Reserve's quantitative tightening impacts inflation, interest rates, and economic growth. Read more on the ...

The central bank would be well advised not to misjudge the politics. An easing of monetary policy would put more jobs and ...

The International Monetary Fund (IMF) has said Zimbabwe's economy has started recovering from the effects of the El Niño-induced drought, amid growing stability anchored by the central bank's tight ...

Federal Reserve Chair Jerome Powell said he views proposals to "audit the Fed" floated by Elon Musk and others last week as a ...

Despite Fed rate cuts, mortgage rates have remained high—a trend Powell acknowledged but attributed to long-term bond yields ...

The Federal Reserve doesn't need to hurry to adjust its rate further now that its policy stance is significantly less ...

The consumer price index (CPI) has extensive relevance in people's daily lives. Periodic review of CPI composition and ...