The dollar hovered near its highest level in more than two years on Tuesday as traders scaled back bets on U.S. rate cuts in ...

The European Central Bank cannot lower rates too quickly given issues including stubbornly high core inflation, policymaker ...

Interest rates in most industrialised economies are currently 75-100 basis points (bps) below their recent peaks ...

'Fundamentally, the outlook for the global economy is actually positive, but it's rife with uncertainties and riddled with ...

With just days left before handing over the keys to the US government, the Biden administration is making a last-ditch effort ...

The year 2024 demonstrated a remarkable resurgence in global financial markets, characterised by resilience and renewed ...

The dollar hit fresh highs against several currencies and U.S. 10-year borrowing costs increased in tandem, continuing their rise since strong jobs data dampened prospects for Fed rate cuts. The ...

Eurozone inflation fell to 2.4% in December 2024, but ECB chief economist Philip Lane cautions that services inflation and ...

The European Central Bank will continue to lower its key interest rate, but must do so at a pace that ensures that inflation cools further, Philip Lane said.

The European Central Bank began posting on the Bluesky micro-blogging platform on Monday, joining a rival to Elon Musk's X ...

The Bank of Russia carries out foreign currency purchase and sale operations on the domestic market in the currency section of the Moscow Exchange in the "yuan - ruble" instrument ...

The ECB is less than three weeks away from what economists and investors reckon will be another cut in interest rates, with ...