Sweden raises interest rate back to 0%
After nearly five years of negative interest rates, the oldest central bank in the world has had enough.
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After nearly five years of negative interest rates, the oldest central bank in the world has had enough.
UK regulators are looking into the unauthorized use of audio feeds from Bank of England press conferences that could have given traders access to market-sensitive remarks by policymakers seconds before the rest of the world.
The decade is almost over — and one incredibly volatile investment stood out from all the rest as the best of the 2010s. Want to guess what it was?
America's housing market has come back to life in the final months of the year and promises to boost the economy in 2020.
The Federal Reserve is strongly suggesting that interest rates are unlikely to budge much before the 2020 election.
Christine Lagarde has a message for investors and the media: She's going to do things her own way as president of the European Central Bank.
Trade jitters have taken financial markets on a wild ride this year, putting some cracks in the global economy. But stocks still kept hitting record highs.
Asian markets mostly rose Thursday after the Federal Reserve kept interest rates steady, putting an end to the year's series of rate cuts.
The Federal Reserve held interest rates steady at its December meeting on Wednesday, halting a series of rate cuts that lifted markets and countered recession fears amid ongoing trade uncertainty.
The Federal Reserve has erased nearly half of all the rate increases of the past two years since July -- but now the central bank is expected to halt any further cuts even as President Donald Trump continues to push for more.
Paul Volcker, the former chairman of the Federal Reserve known for his battles against inflation in the late 1970s and early 1980s, has died. He was 92.
Former US Treasury Secretary Larry Summers says President Donald Trump's love affair with tariffs is backfiring. And he's not surprised at all.
The US stock market moved almost exclusively in one direction this fall: up.
President Donald Trump announced Monday that the US will "restore" steel and aluminum tariffs on Brazil and Argentina, citing a "massive devaluation of their currencies."
Rock-bottom interest rates have pumped up stock prices, knocked down mortgage rates and supported the creation of countless unicorns in Silicon Valley. Savers, on the other hand, have been crushed by near-zero rates.
Record low interest rates are forcing the world's best pension system to take drastic action aimed at staving off cuts to payouts that were once unthinkable.
Hong Kong's Hang Seng Index ended up 1.4% Monday, the biggest daily gain in two weeks, continuing a slight rebound after last week's losses.
In his mostly scripted speech to the Economic Club of New York, the president revealed both his impeachment counter-programming and his re-election theme for 2020. The president's message to New York's financial elite: The economy is booming because of Trump. You may not like him, but you can't afford not to vote for him.
Federal Reserve Chairman Jerome Powell on Wednesday depicted a robust US economy with a healthy job market and rising incomes, but warned of
The American economy is experiencing turbulence. The trade war and global weakness are slowing growth. But Mary Daly, the president of the San Francisco Federal Reserve, is confident the economy will get through the storm unscathed.
The economic expansion that was borne out of the ashes of the Great Recession is ancient by historical standards.
The Dow and US stocks finished lower on Thursday, knocked down by worries about the US economy and the potential for a US-China trade deal.
The US economy grew at an annualized rate of 1.9% in the third quarter, the Commerce Department announced Wednesday.
The Federal Reserve is meeting on Wednesday. And unless it wants to anger stock and bond investors and US President Donald Trump, Fed Chairman Jerome Powell will cut interest rates for the third-straight time.