Fed Governor Bowman says she’s still open to raising rates if inflation doesn’t improve
Federal Reserve Governor Michelle Bowman said Tuesday the time is not right yet to start lowering interest rates.
IMF chief says Europe looks like ‘an ideas supermarket’ for the U.S., calls for further integration
The head of the International Monetary Fund on Thursday called on Europe to achieve the full potential of the single market.
Bank of England holds interest rates steady despite inflation easing to 2% target
It keeps the central bank's key rate at a 16-year high of 5.25%, where it has been held since August 2023.
Switzerland makes second interest rate cut as major economies diverge on monetary policy easing
The Swiss National Bank trimmed its key interest rate by 25 basis points to 1.25% in its second cut of the year.
These groups help people of color and the LGBTQ+ community find a ‘radically inclusive space’ in the outdoors
Nonprofits such as Hoods to Woods, Edge Outdoors and Unlikely Riders are dedicated to creating communities in the outdoors for marginalized people.
UK inflation falls to Bank of England’s 2% target ahead of elections
The Office for National Statistics released inflation figures for May on Wednesday.
The Fed is ‘playing with fire’ by not cutting rates, says creator of ‘Sahm Rule’ recession indicator
As the jobless level has ticked up in recent months, the "Sahm Rule" has generated increasing talk on Wall Street.
May retail sales rise 0.1%, weaker than expected
Retail sales were expected to rise 0.2% in May, according to the Dow Jones consensus estimate.
Bank of Japan set to reduce JGB purchases, stands pat on interest rate
The BOJ said it will collect views from market participants on the reduction of Japanese government bond buying and present a detailed plan in the...