Powell repeated his view Tuesday that U.S. inflation is likely to pick up later this summer, though he acknowledged that the timing and magnitude of any price increase from the duties is uncertain.

As part of the strategy to boost growth and woo investors, Fihla plans to entice customers. For instance, Absa will revamp ...

Finance Minister Nicola Willis has announced that former acting Reserve Bank Governor Grant Spencer has been appointed to the ...

Almost 60 per cent of central banks surveyed this year are looking to increase diversification – and the euro and renminbi look set to be the biggest beneficiaries. Gold also shines: it is currently ...

The tenth annual meeting of the board of governors of the Asian Infrastructure Investment Bank (AIIB) has been making ...

Top central bankers from the world’s largest economies convene on Tuesday in Sintra, Portugal, to discuss monetary policy as ...

MEXICO CITY (Reuters) -Remittances sent to Mexico dropped 4.6% in May compared to a year earlier, according to central bank ...

Federal Reserve Chair Jerome Powell said on Tuesday he would not rule out a potential interest rate cut as soon as this month. The remarks come amid a public pressure campaign from President Donald ...

Rules set forth by the decree applies to investors from unfriendly countries, including the ones engaging foreigners from other countries for help ...

European central bankers gathering in Portugal were greeted with some good news Tuesday: Inflation is back at its target. "We ...

The Fed chair will speak Tuesday morning at the European Central Bank’s Forum on Central Banking in Sintra, Portugal.

SINTRA, Portugal] US Federal Reserve chair Jerome Powell on Tuesday (Jul 1) reiterated the US central bank plans to “wait and ...