Economic News

Fed Holds Rates at 3.6% Even as 4 Officials Dissent

The Federal Reserve left its benchmark interest rate unchanged for the third straight meeting but signaled it could still cut rates in the coming months, moves that attracted the most dissents since October 1992.

Powell to Remain on Board After Fed Chair Term Ends

Powell said he will remain on the Fed's board after his term as chair ends for an unspecified period.

These charts show how Iran's economy is in freefall

Tehran's hardline rhetoric belies a brutal reality facing the regime and Iranian citizens: its economy, vulnerable even before the war, is now in tatters.

Will he stay or will he go? With criminal probe over, Fed Chair Powell faces big decision

The decision could have important ramifications for policymaking at an especially delicate time.

Will rates go higher in Europe this week? Central banks confront stagflation threat

The European Central Bank and Bank of England are expected to hold their nerve and stand pat on rates this month.
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