The central bank’s policy rate currently stands in the range of 4.25% to 4.50%. Summers said it is analytically unsound to reason from the two-year yield’s level to what the Fed should do.

At 14:00 EST (18:00 GMT), the Fed's Federal Open Market Committee (FOMC) will release its determination on the fed funds rate ...

FRANKFURT, Germany (AP) — The European Central Bank carried through with a large interest rate increase Thursday, ... underlining its determination to fight high inflation of 8.5 percent.

3. The RBI has proposed that the determination of interest rates on credit facilities, including conditions for reset of interest rates, should be strictly governed by the relevant regulatory ...

The Federal Reserve is about to start cutting interest rates for the first time since 2020, but a big question looms: How far will they go? It won't be an easy call. For more than a year, the Fed ...

Faced with a solid economy and mounting inflation concerns, the U.S. central bank has said it will “move cautiously” on cutting interest rates. By Colby Smith Reporting from Washington At the ...