Central banking

Fed officials expressed caution about lowering rates too quickly at last meeting, minutes show

WASHINGTON – Federal Reserve officials indicated at their last meeting that they were in no hurry to cut interest rates…

Bank of England rate cuts likely later but larger, Goldman Sachs says

The Bank of England is likely to hold interest rates higher for longer before slashing them more sharply than expected…

Fed Governor Kugler backs caution on rates; Kashkari expects only two or three cuts

Federal Reserve Governor Adriana Kugler said Wednesday inflation is showing solid signs of slowing down, but she is not ready…

Fed’s Kashkari backs sentiment that policymakers can take their time cutting interest rates

Interest rates running at their highest levels in about 23 years are not hurting the economy and could buy policymakers…

Turkey’s new central bank governor, formerly at Amazon and New York Fed, seen as a ‘credible choice’

Turkey’s newly appointed central bank governor, Fatih Karahan, has his work cut out for him, after being named to the…

Divided Bank of England leaves policy unchanged, says interest rates are ‘under review’

LONDON — The Bank of England held interest rates steady at 5.25% on Thursday, with the announcement detailing the very divided…

Bank of England could be about to open the door to interest rate cuts

LONDON — The Bank of England is widely expected to hold interest rates steady at 5.25% on Thursday, but market…

A change to this one clause could be the most important part of the Fed meeting

Immediately after the Federal Reserve wraps up its meeting this week, all eyes are likely to gravitate to one small…

IMF upgrades global growth forecast, citing U.S. resilience and policy support in China

The International Monetary Fund on Tuesday nudged its global growth forecast higher, citing the unexpected strength of the U.S. economy…

Sen. Elizabeth Warren pushes Fed Chair Powell to cut ‘astronomical’ rates, ease housing pressure

Sen. Elizabeth Warren, D-Mass., and three other Democratic lawmakers are pushing Federal Reserve Chairman Jerome Powell to lower interest rates…