The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...

The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday.

Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest rate cutting campaign.

A key measure of excess liquidity in the financial system is evaporating rapidly. Once it disappears, further reduction of ...

A key measure of excess liquidity in the financial system is evaporating rapidly. Once it disappears, further reduction of ...

The US dollar continues to remain the world's primary currency, accounting for a significant share of global reserves and trade transactions. With Donald Trump coming to power, the strength of the ...

Sri Lanka's foreign exchange reserves fell marginally to 6,065 million dollars in January 2025, falling for the fourth ...

IMF Executive Director Krishnamurthy Subramanian met Sri Lanka President Anura Kuara Disanayake, the President’s office said, ...

WASHINGTON – The Federal Reserve paused its interest rate cutting campaign Wednesday and gave no signal it plans to lower ...

Jerome H. Powell has been a member of the Board of Governors of the Federal Reserve System (FRB) since May 25, 2012, appointed by then-President Barack Obama to fill an unexpired term. He was ...

Visitors to the Bukit Batok Nature Corridor – which consists of over 125ha of nature parks and 10km of trails connecting Bukit Timah Nature Reserve to the future Tengah Forest Corridor – will ...

Additionally, 600 trucks carrying relief materials and 50 fuel tankers will be permitted into Gaza daily. The Philadelphi Corridor, a 14 km long and 100-metre-wide strip of scrubland and sand dunes on ...