The Fed is getting a warning from another central bank about Trump’s tariff plan
All eyes were on the Federal Reserve’s first policy update of the new year on Wednesday, but the Bank of Canada also drew its fair amount of attention. Officials from the Bank of Canada delivered a warning shot about the likely spillover effect of a trade war with the U.
European Central Bank expected to cut interest rates by 0.25%
The European Central Bank is expected to cut interest rates by 0.25% when its governing council meets today. This will bring the main refinancing rate, which is used to price mortgages, from 3.15% to 2.9%. The bank has been steadily cutting rates as inflation has declined from its peak of 10.6% in 2022.
The Fed sent stocks spiraling after its last meeting, and now the central bank left interest rates untouched
The Fed signaled as much at its last meeting in December, when the central bank delivered an interest cut, but hinted that it would take its foot off the gas. Stocks tumbled on th
What Fed rate cut? Most Americans say they haven’t felt the impact of the central bank’s policies — especially millennials.
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the difference.
Fed hits pause on interest rate cuts
The Federal Reserve on Wednesday hit pause on interest rate cuts in its first key decision of President Donald Trump’s second term.
Fed decision live: US central bank prepares for first interest rate meeting of 2025
The Federal Reserve will almost certainly begin 2025 by keeping interest rates on hold at between 4.25 to 4.5 per cent. After a combined 1 percentage point of interest rate cuts over the central bank’s previous three meetings,
Analysis-Bank of Japan board reshuffle to bring it closer to 'normal' central banking
The fading shadow of reflationists in the Bank of Japan, and the latest addition to the board of an academic favouring an end ...
Fed meeting recap: Powell says central bank is in no hurry to cut rates again
Central bank policymakers are widely expected to stand pat on interest rates. Investors await further details from Fed Chair ...
European Central Bank to cut rates again with Trump threat and U.S. divergence in focus
The Fed will likely be on a more hawkish path, so significant divergence from the ECB could risk flight of capital towards ...
London gold market queues up to borrow central bank gold after big shipments to US, sources say
London bullion market players are racing to borrow gold from central banks, which store bullion in London, following a surge ...
Brazil’s Central Bank Raises Rates as Inflation Sticks, Credibility Falters
The bank’s monetary policy committee increased the benchmark rate by a full percentage point to 13.25%.
Lexington bank robbed
LEXINGTON, Ky. (WKYT) - Police say a bank was robbed in Lexington. It happened around 3 Wednesday afternoon at the Central ...
Brazil central bank hikes rates by 100 bps, confirms same in March
Brazil's central bank raised its benchmark interest rate by 100 basis points for the second straight meeting on Wednesday and ...
Sweden’s Central Bank Cuts Rate Again, Signals It Could Now Be Finished Easing
The Riksbank cut its key interest rate by a quarter of a percentage point to 2.25%.
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Czech Central Bank to Consider $7 Billion Bitcoin Reserve: Report
The head of the Czech central bank is about to propose that the institution add Bitcoin to the country's reserves.
Trump tariff concerns drive gold rush to New York, draining London reserves: Report
The minimum waiting time to load gold out of the Bank of England, which stores gold for central banks, has reached four weeks ...