The Federal Reserve will release the minutes of its March meeting, providing more detail about officials’ discussions where most signaled they didn’t expect to raise interest rates this year.
European Central Bank President Mario Draghi said policy makers will consider whether they need to mitigate the impact on eurozone banks of its negative interest rate.
The Reserve Bank of Australia remains deeply puzzled by the economy—which has slowed sharply since mid-2018—yet at the same time, hiring by companies has remained robust.
Senate Republicans sounded increasingly doubtful Tuesday about the prospects of confirming President Trump’s latest pick for the Federal Reserve Board, former GOP presidential candidate Herman Cain.
Vice Chairman Richard Clarida said the central bank’s review includes looking at letting inflation drift above 2% during expansions to make up for lower inflation in during downturns.
A San Francisco Fed paper finds that in the short term, private-sector forecasts are better than ones produced at the central bank, but the Fed does a better job when the horizon lengthens.
The IMF has cut its global growth outlook for 2019 to 3.3%, from 3.5% in January, with data showing world economic growth off to a worse start than was apparent earlier in the year.
Turmoil has ripped through Turkish financial markets in recent weeks, reprising the fear and volatility that sent the country’s economy into a tailspin and its currency into crisis last summer.
The impact of Fed monetary policy tightening on last decade’s mortgage lending boom was largely undone by “an unprecedented expansion in private-label securitization,” a National Bureau of Economic Research paper finds.
How do you get people to make better financial decisions? Peer pressure can help, according to new research by three economists.
Speeches by Federal Reserve officials on Thursday were a reminder that as much as the market may be thinking about rate cuts, monetary policy still has a bias toward higher rates.
Friday’s jobs report makes the Fed’s stance look way too cautious, but since it won’t get more hawkish any time soon, the situation for stock investors looks promising.
There are two ways to gauge how tight monetary policy is, but both come with drawbacks.
Explore how Federal Reserve Chairman Jerome Powell spends his days by searching his calendar entries.
The recession was over in 2010, but the Federal Reserve’s work had just begun. Flip through 1,605 pages of transcripts of the Fed’s 2010 policy meetings or search by key people or topics the officials discussed.
How central banks in four major economies have moved two key levers of monetary policy in recent years, and how economic indicators have responded.
Bank of America said it is raising the minimum wage so it hits $20 an hour in 2021. Part of the changes will go into effect May 1, when the bank increases its minimum wage to $17 an hour.
The Trump administration sought to play down its new plan to impose tariffs on $11.2 billion in imports from the EU, saying the move is part of a dispute over aviation subsidies, not an effort to apply pressure toward a possible EU trade deal.
The European Union-China summit was meant to bolster cooperation, especially against controversial policies of President Trump. Instead, it is highlighting differences, led by growing trade tensions.
Italy’s populist government conceded it won’t hit the budget-deficit target agreed on with European Union authorities, setting the stage for renewed tensions with Brussels.
New World Bank President David Malpass said he would support policies prohibiting financing of coal power plants as part of the institution’s efforts to combat climate change.