San Francisco Federal Reserve Bank President Mary Daly on Monday said that given mounting evidence that the U.S. job market ...

Andrew Bailey, governor of the Bank of England, said: "We've cut interest rates today, but it was a finely balanced decision.

Interest rates have been slashed to 4% this afternoon, marking the fifth cut since last August - and taking the cost of ...

The Bank of England (BoE) has cut interest rates to 4%, the fifth cut in a year, as the UK economy struggles amid high inflation and a stagnant jobs market. The monetary policy committee (MPC) voted ...

The Federal Reserve held rates steady in July but two governors dissented, saying they had concerns about labor market ...

The Federal Reserve on Wednesday stuck to its forecast of two interest-rate cuts in 2025 despite seeing a burst of inflation coming in the next few months as a result of higher tariffs.

Two former members of the Bank's interest rate-setting committee have differing views on what should happen to the base rate ...

The central bank’s policy-setting Federal Open Market Committee maintained the benchmark rate between 4.25% and 4.5%, where ...

But given that 30-year refi rates fell as low as 6.71% in early March, today's rates are still elevated. The current average is also about 1.2 percentage points above last September's two-year low ...

Dissents highlight a fraying consensus among policymakers, who are debating the effects that tariffs will have on the economy ...

The Bank of Canada will hold its overnight interest rate steady at 2.75% on July 30 for the third consecutive meeting thanks to a recent rise in inflation and a fall in unemployment, according to a ...

The Bank of England has cut the interest rate to its lowest level in over two years. The Bank’s Monetary Policy Committee (MPC) reduced the base rate by 0.25 percentage points to 4% on Thursday. This ...