News

Asian stocks advanced as a global rally gained vigour on strong economic data that eased concerns about the US economy. Regional investors also believe central banks may do more to cushion ...
Finance chiefs from the Group of 20 (G20) countries stressed the importance of central bank independence while pledging to boost cooperation in a joint statement issued on Friday after a two-day ...
Trump and the Trump administration have increasingly turned their fire on Powell and his leadership of the central bank.
President Donald Trump has publicly chastised Chairman Jerome Powell, who Trump appointed in 2017, over interest rate cuts.
After a quarter-point cut in March, the Bank of Canada held its benchmark interest rate steady at 2.75 per cent in April and June.
If President Donald Trump tries to fire Federal Reserve Chair Jerome Powell, it would almost certainly set off a courtroom battle that legal and policy experts say is bound to get messy, with ...
The Attorney General of the Federation, Lateef Fagbemi, has denied the Federal Government’s involvement in the recent acquisition of approximately 25 per cent of FirstHoldCo’s shares, valued at over ...
Donald Trump will be hit with a $60bn (£44bn) bill if he follows through on his threats to sack Federal Reserve chairman ...
The dollar has steadied after the worst start to the year since 1973, as the resilience of the US economy prompts some investors to back away from bearish bets on the currency.
President Donald Trump wants the Federal Reserve to slash interest rates by three percentage points, a massive cut that could push borrowing costs back to pandemic lows. With two seats at the Fed ...
Chicago Federal Reserve president Austan Goolsbee expressed support for Jerome Powell and central bank independence when asked about pressure being applied from President Trump, saying the Fed chair ...