Central banking

Mārtiņš Kazāks, governor of the Bank of Latvia and a member of the European Central Bank's Governing Council, on Thursday weighed in on the possibility of a jumbo half-point interest rate cut for December.When asked for his views on a…

Shoppers at the shopping street in Hongdae district in Seoul, South Korea, on Saturday, July 2, 2022.Woohae Cho | Bloomberg | Getty ImagesSouth Korea's economy barely grew in the third quarter, missing market expectations, as consumer…

U.S. Treasury yields climbed Monday as investors awaited further clues about the Federal Reserve's monetary policy plans from central bank speakers and fretted over the outlook for inflation.The yield on the benchmark 10-year Treasury…

Malaysia is facing inflation and the government is putting in place measures to control rising food prices, the country's domestic trade and consumer affairs minister told CNBC.Given the global trend, "we are going to be affected by…

The Federal Reserve signaled it would begin steadily raising interest rates in mid-March, its latest step toward removing stimulus to bring down inflation.Fed Chairman Jerome Powell said Wednesday that the…

The Japanese flag flutters over the Bank of Japan (BoJ) head office building (bottom) in Tokyo on April 27, 2022.Kazuhiro Nogi | Afp | Getty ImagesThe Bank of Japan kept its benchmark interest rate steady at "around 0.25%" — the highest…

(Bloomberg) -- The world economy’s tectonic plates will shift this week when a US easing cycle begins, just as officials from Europe to Asia set policy against a backdrop of brittle markets.Most Read from BloombergA 36-hour monetary…

Federal Reserve officials earlier this month agreed that smaller interest rate increases should happen soon as they evaluate the impact policy is having on the economy, meeting minutes released Wednesday indicated.Reflecting statements…

Traders work on the floor at the New York Stock Exchange in New York, Tuesday, Oct. 4, 2022. (AP Photo/Seth Wenig, File)Traders work on the floor at the New York Stock Exchange in New York, Monday, Nov. 28, 2022. (AP Photo/Seth…

A screen displays the Fed rate announcement as a trader works on the floor of the New York Stock Exchange (NYSE), November 2, 2022.Brendan McDermid | ReutersThe U.S. Federal Reserve, European Central Bank, Bank of England and Swiss…