The US Federal Reserve has cut interest rates for the first time in nine months, reducing the short-term rate to around 4.1%.

By Michael S. Derby (Reuters) -Federal Reserve Chair Jerome Powell on Wednesday explained why the three missions Congress ...

Though Inflation is stable, the US economy is showing signs of stress. By cutting rates, Fed hopes to prevent a deeper ...

Investors closely track the dot plot as it offers clues on the Fed’s policy stance and can move asset prices across the board.

Banks are outsourcing credit card origination to fintechs like Hyperface, Card91, Falcon and VegaPay as NPAs inch up and ...

The US dollar, gold and the US and global markets showed mixed reactions after the Feds cut interest rates by 25 points, but ...

The Bank of Canada announced on Wednesday that it's lowering its key interest rate by 0.25 points from 2.75 to 2.5 per cent.

The Central Bank of Nigeria (CBN) has instituted structural reforms to broaden its efforts in consolidating and raising ...

(Reuters) -There was no widespread support for a larger, half-percentage-point interest rate cut at the Federal Reserve ...

Seven victims have been confirmed dead following the fire incident at the Afriland Tower in the Lagos Island area of Lagos ...

The Bank of Canada cut its benchmark interest rate by a quarter point on Wednesday, bringing it to 2.5% after three straight ...