Economists say it is likely the first in a series of reductions that should make borrowing more accessible for consumers.  Fed Chair Jerome Powell described the reduction as “a ...

Reduction of 12.5 basis points in funding costs will provide relief for some – but not all – borrowers in the city.

While there is an understanding that the SARB’s need to act cautiously in the face of global uncertainty, Thursday's decision ...

Trump is testing the independence of the Fed by attempting to oust board member Lisa Cook and pushing for lower rates. He ...

The South African Reserve Bank’s Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 7%, with the ...

At the time of writing, USD/JPY is trading around 148.00, up nearly 0.75% on the day, supported by a firmer Greenback while ...