European Central Bank holds interest rates steady after 10 consecutive hikes
The ECB ended its record run of rate hikes despite new upside risks to inflation.
The ECB ended its record run of rate hikes despite new upside risks to inflation.
Lee Wai Fai said the world is heading into a more "uncertain environment" and the impact of higher-for-longer interest rates is starting to filter through.
Gross domestic product, or the sum of all goods and services produced in the U.S. economy, is expected to post a 4.7% annualized gain for...
The president of the World Bank said Tuesday that it will be some time before progress toward a more peaceful Middle East can resume in...
The head of the IMF on Wednesday dubbed the worsening Israel-Hamas conflict as another cloud on the horizon of an already gloomy economic outlook.
"Prepare for possibilities and probabilities, not calling one course of action, since I've never seen anyone call it," Dimon said in Saudi Arabia.
The U.S. ended up with an imbalance of $1.695 trillion, up about $320 billion, or 23.2%, from fiscal 2022.
The central bank official told CNBC that there's still a lot of work to be done before the Fed reaches its inflation goal of 2%...
The appreciation of the Mexican peso and increase in living costs at home pinch households receiving money from abroad.