Despite NAB’s grim prediction, Australia’s other Big Four banks – Commonwealth, Westpac and ANZ – are still forecasting a rate cut in February. Regardless of when the RBA decides to make cuts, the ...

Jay Powell on Thursday once again reinforced his intention to serve out his term as chair of the Federal. Reserve, while making it clear the central bank is not "in a hurry" to lower interest rates.

TAIPEI (Reuters) - The head of Taiwan's central bank said on Thursday that he doubted that U.S. President-elect Donald Trump's new administration would penalise Taiwan given the island's central role ...

SYDNEY, Nov 5 (Reuters) - Australia's central bank held interest rates steady on Tuesday, as expected, and cautioned policy would need to stay restrictive for some time yet, strongly suggesting ...

Federal Reserve Chair Jay Powell said the central bank does not need to be "in a hurry" to lower interest rates due to the economy’s strength, and that the Fed would be "watching carefully" to make ...

The greenback hovered near a one-year high against a basket of currencies at 106.88, eyeing a weekly gain of 1.8%, which would mark its best performance since September.

But the pace of rate cuts "is not preset," Powell said at a Dallas Fed event, adding that "the economy is not sending any signals that we need to be in a hurry to lower rates. The strength we are ...

The Bank of China is on track to establish its first branch in Papua New Guinea's capital, Port Moresby. The move is being watched closely by the Australian government, which is wary of how ...

International Monetary Fund. Monetary and Capital Markets Department "Central Bank Digital Currency: Progress And Further Considerations", Policy Papers 2024, 052 ...

US two-year yields, which are more sensitive to monetary policy, spiked after the remarks and traders dialed back bets on a December rate reduction to below 60% — from 80% in the previous day.

Russia’s central bank on Friday raised its key interest rate by two percentage points to a record-high 21% in an effort to combat growing inflation as government spending on the military strains ...

Israeli strikes kill dozens in Gaza, including women and children, as conflict intensifies across the Middle East.