As US monetary policy enters a new phase and amid White House pressure for the Fed to lower interest rates, a trusted Wall Street insider with government experience has been asked to step up
Top global monetary policy makers grapple with political pressure and fragile labour markets while investors bet on lower borrowing costs, with the next five weeks key for a range of assets
With more influence than heads of state, the chair of the US Federal Reserve has received both praise and criticism since taking over. If job growth stays strong and inflation hits 2%, he won't care.
After a period of rapid price rises and surging interest rates, most of the world’s major central banks are now sufficiently confident about the trajectory of inflation to start bringing interest…
The Federal Reserve will deliver more interest rate hikes next year even as the economy slips towards a possible recession, Fed Chair Jerome Powell said on Wednesday, arguing that a higher cost would…
The dollar fell on Wednesday ahead of a speech by Federal Reserve Chair Jerome Powell and a look at private-sector employment data for November, as it barrelled towards its biggest monthly loss since…
The U.S. dollar held onto losses on Thursday after the minutes from the Federal Reserve's November meeting supported the view that the central bank would downshift and raise rates in smaller steps…
The dollar rose on Thursday, after earlier falling to a one-month low in choppy trading ahead of an expected rate hike from the European Central Bank (ECB).
Meanwhile, the yen gained some footing…
The euro climbed back above parity against the dollar for the first time in a month on Wednesday after poor U.S. economic data reinforced speculation that the Federal Reserve will slow its interest…
Although an MOU will be officially signed on 19 June, there are already significant differences a decade later, despite the US aim being largely similar. Could Trump open Iran like Nixon opened China?
The official World Cup ball showcases the latest advances in football technology, but new research questions whether future designs should prioritise brain safety as well as performance
Football's biggest tournament has come to adopt a single soundtrack every four years to give each offering a distinct identity. Is this genuine culture, or a mass marketing technique?
Islamabad kept both sides talking even as missiles were being launched. That tenacity looks to have paid dividends in a way that could yet reshape the Middle East's power dynamics.