Stocks slide as US central bank signals slower pace of rate cuts
The US central bank has cut interest rates for a third time, despite concerns that the move will deliver a boost to the economy that risks re-igniting price inflation. The decision was expected, setting the Federal Reserve's key lending rate in a target range of 4.25% to 4.5%.
The Fed is widely expected to trim rates at the end of its December meeting. Investors are focused on policymakers’ economic ...
TOKYO—The Bank of Japan held its policy rate steady as it waits for uncertainties abroad to clear and for more evidence of ...
Long feted as the savior of Russia’s economy in the face of sanctions over the war in Ukraine, central bank Governor Elvira ...
Central bankers are alert to the risk that global trade tensions will make managing inflation more challenging.
South Korea's potential economic growth rate is estimated to have fallen to around 2% and is projected to fall further below ...
The Philippine central bank lowered its policy rate by a quarter point for the third straight meeting, after inflation stayed ...
Federal Reserve Chairman Jerome Powell on Wednesday announced a 0.25% reduction in the Fed's lending rate to between 4.25% ...
Federal Reserve Chairman Jerome Powell said Wednesday it's too soon to say what President-elect Donald Trump's proposed ...
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