Central banking

Switzerland becomes first major economy to cut interest rates in surprise move

The Swiss National Bank on Thursday surprised the market with a decision to lower its main policy rate by 0.25…

Fed holds rates steady and maintains three cuts coming sometime this year

The Federal Reserve on Wednesday held interest rates steady as expected and signaled it still plans multiple cuts before the…

Bank of England set to hold rates, but falling inflation brings cuts into view

LONDON — The Bank of England is widely expected to keep interest rates unchanged at 5.25% on Thursday, but economists…

European Central Bank’s Lagarde signals June cut but says future rate path uncertain

European Central Bank chief Christine Lagarde on Wednesday reiterated that policymakers will consider bringing interest rates down in June, but…

Here’s everything to expect from the Federal Reserve’s policy meeting Wednesday

The Federal Reserve has a lot to do at its meeting this week, but ultimately may not end up doing…

Turkey opts for new tightening strategy after signaling a pause to hikes

Turkey’s central bank is opting for a different monetary tightening method as it grapples with climbing inflation, after previously signaling…

European Central Bank chief economist: Must ‘take our time’ on rate cuts, clearer picture due in June

The European Central Bank must take its time to get interest rate cuts right and will have a clearer picture…

Watch Fed Chair Powell testify live before Senate Banking Committee

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a…

European Central Bank hints at June rate cut as it trims inflation forecast

The European Central Bank on Thursday lowered its annual inflation forecast, as its confirmed a widely expected hold of interest…

Watch Fed Chair Jerome Powell testify live on Capitol Hill before House panel

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a…