Editor’s Pick

(Reuters) – Federal Reserve Governor Michelle Bowman on Thursday said she supported last month’s interest-rate cut as the “final step” in the U.S. central bank’s monetary policy recalibration, with rising…

WASHINGTON (Reuters) – The U.S. Senate Finance Committee is planning a Jan. 16 hearing on President-elect Donald Trump’s nominee to lead the U.S. Department of Treasury, Scott Bessent, Politico reported…

UNITED NATIONS/NEW DELHI (Reuters) – Global economic growth is projected to remain at 2.8% in 2025, unchanged from 2024, held back by the top two economies, the U.S. and China,…

By Michael S. Derby NEW YORK (Reuters) – Kansas City Federal Reserve President Jeff Schmid signaled on Thursday a reluctance to cut interest rates again as the U.S. central bank…

Investing.com — U.S. mortgage rates rose to a new six-month high this week, a development that, coupled with high house prices, could further limit potential homebuyers, according to Freddie Mac…

WASHINGTON (Reuters) – U.S. mortgage rates increased to a fresh six-month high this week, a trend that together with elevated house prices could further squeeze potential buyers from the market.…

(Reuters) -Bank of England Deputy Governor Sarah Breeden said on Thursday that recent evidence supported the case to cut interest rates gradually but that it was tricky to gauge the…

By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Boston President Susan Collins said Thursday that significant uncertainty over the outlook calls for the central bank moving…

By Michael S. Derby NEW YORK (Reuters) -Philadelphia Federal Reserve President Patrick Harker said on Thursday he still expects the U.S. central bank to cut interest rates, but added that…