Officials are split into three camps over what economic evidence they need before resuming rate reductions. Two governors are prepared to dissent on Wednesday.

Federal Reserve Bank of San Francisco president Mary Daly on Jan. 19 said it’s “premature” to think interest rate cuts are around the corner, noting she needs to see more evidence that inflation is on ...

Here’s how implied probabilities of future interest rate moves stand in swaps markets, according to data from LSEG as of 1007 am ET. The Bank of Canada overnight rate is 4.75 per cent.

The dollar rose against the euro due to U.S. trade talk progress but fell against the yen, influenced by Japan's interest ...

With the unemployment rate low and inflation above their 2 per cent target, Fed officials have been reluctant to cut interest rates from the current 4.25 per cent to 4.5 per cent range until it is ...

Bank of Canada governor Tiff Macklem says he expects 2024 to be a transition year as higher interest rates slow down the economy, making way for lower inflation.

Federation of Pakistan Chambers of Commerce and Industry (FPCCI) former vice president Zahid Iqbal Chaudhry has said that the persistently high interest rate remains one of the major impediments to ...