Two former members of the Bank's interest rate-setting committee have differing views on what should happen to the base rate ...

Most economists agree that a central bank that sets interest rates to keep government borrowing costs low is a central bank ...

Federal Reserve officials are determined to hold interest rates steady a little while longer, though an increasingly ...

The Federal Reserve's decision to maintain current interest rates drew unprecedented dissent, marking the first time in over ...

Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...

The ringgit continued its retreat against the US dollar on profit-taking after recent gains to close lower on Friday.At 6pm, ...

Trump has been less than subtle in urging the Fed to cut the rates it controls. Powell, in what has been a rare pushback ...

The fractured and potentially heated debate that marked the Reserve Bank of Australia’s July policy meeting, ending in a surprise decision to keep interest rates on hold, will be replaced next week ...

The ringgit continued its retreat against the US dollar on profit-taking after recent gains to close lower on Friday.

The U.S. central bank held interest rates steady on Wednesday and Federal Reserve Chair Jerome Powell's comments after the ...

President Trump clashed with Federal Reserve Chair Jerome Powell as more lawmakers weigh in on a need for an interest rate cut. CBS News' Kelly O'Grady reports.

There's a concern that if politicians start either directly fixing interest rates or have enough leverage over the Fed that they have a huge influence on the the current interest rate that will ...