News

The People’s Bank of China trimmed the 1-year loan prime rate to 3.0% from 3.1%, and the 5-year LPR to 3.5% from 3.6%.
For months, American consumers and businesses have been hearing that President Trump’s massive tariffs would drive up prices and hurt the U.S. economy ...
Forthcoming changes to the Federal Reserve’s rate-setting framework are unlikely to influence officials’ current decisions.
Federal Reserve Chair Jerome Powell on Thursday warned of the possibility of "more persistent" supply shocks, as US central ...
Former Fed president Bill Dudley warned that the central bank risks mistiming interest rate cuts if the economy stumbles into ...
Now that the agreement between China and the U.S. has mitigated some of the most worrisome economic effects, the Federal Reserve's calculus on when to cut interest rates may change.
The agreement between the US and China to roll back their respective tariffs for 90 days has led to renewed optimism that the ...
Investors eye more trade deals, updates from President Trump’s trip to the Middle East and fresh consumer inflation data ...
Inflation may have picked up slightly last month as President Donald Trump’s widespread tariffs kicked in, a trend economists expect will become more visible in the coming months. Tuesday’s report ...
The report suggests the tariffs haven't yet impacted the prices of many items. Clothing costs fell 0.2% from March to April, ...
Markets rally on tariff rollback, with more negotiations planned; Nasdaq rises 4% and enters new bull market ...
Brazil's central bank said Monday it will sign a currency swap agreement with the People's Bank of China, with a maximum ...