The move comes in line with expectations from CNBC's survey, where an overwhelming majority of economists predicted a hike.

The Bank of Japan raised its key interest rate to about 0.5% from 0.25% Friday, noting that inflation is holding at a desirable target level. The decision by the central bank came at the end of a ...

Experience suggests that abundant and cheap money is not a harbinger of price or financial stability, much less of sustained economic growth. The European Central Bank should bear that in mind as it ...

At the current level, it is the lowest since November 2021 when core inflation was 1.6 per cent. For the whole of 2024, core inflation averaged 2.7 per cent, down from 4.2 per cent in 2023.

TOKYO: The Bank of Japan raised interest rates on Friday (Jan 24) to their highest since the 2008 global financial crisis, underscoring its confidence that rising wages will keep inflation stably ...

CHARLESTON — West Virginia officials are in contact with the administration of President Donald Trump after an executive order issued by the president earlier this week put payments from the ...

The decision marks its first rate hike since July last year and comes days after the inauguration of US President Donald Trump ...

President Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will make those promises difficult to keep. Economic growth is solid, driven by ...

India's business growth slowed to a 14-month low in January, with concerns about sustaining economic performance as the ...