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…
There was visible warmth when the US and Syrian presidents met in the Oval Office last month, with some even speculating a Trump visit to Damascus. But there is much to do before that happens.
Following the unprecedented attacks on Qatar, Gulf leaders have pledged to forge a unified defence front, marking a historic shift from cautious neutrality to collective security
What began as a locally rooted trade in coca leaves and opium evolved into a transnational system of cartels that challenged governments, corrupted institutions, and destabilised countries
When Israel killed a Hezbollah military chief in late November, one GBU-39 bomb failed to detonate, leaving Washington worried that its adversaries could reverse engineer it
With her collection 'Con' having won Spain's 2025 National Poetry Prize, the Galician writer spoke to Al Majalla about the process of creation as she works on her first novel.