Adriana Kugler, one of the seven members of the Fed’s governing board, reinforced the central bank’s independence from political influence, describing it as essential for a stable economy. Kugler ...

The State Bank of India (SBI) has updated its Marginal Cost of Funds-Based Lending Rate (MCLR) for loans, effective from ...

Analysts have stated another cut in the federal interest rate is not lowering mortgage rates and it's having an impact on the ...

This shift is largely due to depositors moving their funds from weak banks to stronger ones, following the exposure of widespread corruption in banks controlled by the S Alam Group and other political ...

The yield has risen 73.6 basis points over the past seven weeks, according to Dow Jones Market Data. On Friday, traders were ...

Missing credit card payments will add to your debt balance and over time can damage your credit. Late fees and interest grow ...

The S&P 500, Nasdaq and Dow all fell for the week, while pharmaceutical stocks slid after Trump picked anti-vaccine activist ...

The Federal Reserve delivered its second interest rate cut in a row to boost the economy and prevent a rise in unemployment, but it may take a while for consumers to see its effects.

The Chicago Fed chief said as long as inflation continues down toward the central bank’s 2% goal, interest rates will keep ...

Fed watchers see a greater chance the central bank may skip a rate cut at its last meeting of the year in December.

Oil prices settled down more than 2% on Friday as investors fretted about weaker Chinese demand and a potential slowing in ...

The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...