The central bank aims to foster a more supportive lending environment, an encouraging sign for building activity.

While recent interest rate cuts have yet to ignite a revival in the sluggish residential property market, industry experts ...

He also reaffirmed his intention to stay at the Fed until his four-year term as chair expires in May 2026.Asked if he thought ...

Rizal Commercial Banking Corp. chief economist Michael Ricafort said in an email that the sharp increase in foreign ...

The country’s banking industry has grappled with weakening profitability under the weight of lower mortgage rates and ailing credit demand.

Dr Mahamudu Bawumia, the Vice President and Flagbearer of the New Patriotic Party, has reiterated his commitment to creating ...

Follow today’s news live.   02:08Josh Taylor NDIS provider Jewish Care NSW has warned clients their personal information, including credit card details, ID documents, court documents, and ...

Shares of Lowe’s Companies Inc. (NYSE:LOW) and Home Depot Inc. (NYSE:HD) rose in pre-market trading after analysts at Telsey ...

The Fed lowered rates by 25 basis points to a 20-month low, but economists say tariffs may throw a wrench in the rate cutting ...

On Nov. 7, the Federal Reserve implemented a 0.25% reduction to the federal funds rate, its second cut in over four years.

Nov 13 (Reuters) - Kansas City Federal Reserve Bank President Jeffrey Schmid on Wednesday said the U.S. central bank's ...

"I anticipate the FOMC will most likely need more rate cuts to finish the journey" of bringing inflation toward the Fed's ...