Brazil’s central bank has raised its benchmark interest rate by 0.25 points to 15.0 per cent, its seventh straight hike in nine months of trying to curb inflation. The rate, known as the Selic, is at ...

Boosted by April’s minimum wage hike, Gen Z lifts UK consumer sentiment to its strongest level this year, but economic fragility and high borrowing costs persist.

In an updated forecast, Fed officials now expect inflation, as measured by the core personal-consumption expenditures (PCE) index, to jump to 3.1% by the end of the year, up from a rate of 2.5% in ...

Four meetings and six months have elapsed since the Fed last adjusted interest rates. The federal funds rate stands between 4 ...

While the median expectation for two rate cuts in 2025 didn’t change, a number of officials lowered their projections. Seven officials now foresee no rate cuts this year, compared with four in March.

The Federal Reserve left its benchmark interest rate unchanged at a 4.25% to 4.5% range at its June meeting, making it the fourth consecutive meeting in which it held rates steady.

U.S. jobless claims ticked down slightly from 250,000 the week before. Economists had expected last week’s claims to match ...

Markets and economists have all but ruled out a June interest rate cut, meaning rates are likely to remain at 4.25% tomorrow.

The number of Americans filing for unemployment benefits fell to 245,000, indicating a stable job market despite economic ...

EUR/USD may not need to rush higher in the near term, while the yen remains an attractive bet in the longer run ...