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Central banks' growing appetite for gold meant that the precious metal was the second-largest global reserve asset in 2024, according to a European Central Bank report out Wednesday — but ...
The Federal Reserve's latest "dot plot" outlining future interest rate moves suggests the central bank will still cut rates twice this year, unchanged from its March outlook, though June's ...
Goldman Sachs analysis finds that lessening central bank independence, like the Federal Reserve's, can lead to higher inflation, weaker currency, and lower stock prices.
The administration has repeatedly criticized Jerome H. Powell, the chair of the central bank, for his handling of the economy and the cost of work on the institution’s headquarters.
Central bank policymakers voted to keep the key interest rate at the target range of 4.25% to 4.50%, where it has been since December. Read more here on the Fed's rate decision from CNBC's Jeff Cox.
The central bank maintained its 2025 gross domestic product growth forecast at between 1% and 2% and said it saw some softening in Russia's tight labour market. The economy grew by 4.3% last year.
It's an era of unprecedented central-bank dissension - and agreement is hard to find when the goals are in conflict. The Bank of England, for the first time ever, needed two rounds of voting ...
World economy faces ‘pivotal moment,’ central bank body BIS says By Reuters Published June 29, 2025, 4:49 p.m. ET ...
10/ JAPAN The Bank of Japan, the only G10 central bank in a hiking cycle, last week raised rates to 0.5%, their highest since the 2008 global financial crisis.
Russia's Central Bank Governor Elvira Nabiullina attends a session of the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia, June 20, 2025.
The European Central Bank is widely expected to lower the deposit rate by another 0.25 percentage points to 2% on June 5, marking its eighth interest rate cut in an easing cycle that may be ...
Brazil’s Central Bank Again Lifts Interest Rates, But Less Aggressively The bank raised its Selic benchmark to 14.75% from 14.25%, after three consecutive full-point increases By Paulo Trevisani ...
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