The Federal Reserve, the central bank of the United States, is at the heart of a battle for its independence, facing unprecedented political pressure from President Donald Trump.

State-backed Italian bank Banca Monte dei Paschi di Siena said its bid for rival Mediobanca would start on July 14 after the ...

Treasury Secretary Scott Bessent said Tuesday night that he thinks the Federal Reserve could cut interest rates by September or 'sooner' because of mild inflation thus far from President Trump’s ...

Federal Reserve Chair Jerome Powell said Tuesday the central bank would likely have eased interest rates this year if not for ...

ECB to pilot blockchain euro settlement system by 2026. The Pontes initiative will enable DLT transactions with central bank money.

Despite falling interest rates and rising tariffs, US bond yields, a weakening dollar, and soaring gold signal foreign ...

A surge in the "term premium" - compensation investors demand to hold longer-term debt - has also contributed to a nearly 11% ...

ECB’s Pontes and Appia plan aims to link DLT with TARGET Services and build a unified settlement system using central bank ...

European Central Bank Governing Council member Olli Rehn is worried that inflation staying below 2% for a lengthy period ...

Despite the uptick, the jobless rate is near historically tight levels. April's level equaled the eurozone's record-low rate, although it came after March's level had been revised higher to 6.4%. The ...

The European Central Bank (ECB) has announced an update to its monetary policy strategy, adopting a more rigorous and agile ...

The European Central Bank should keep its deposit rate at the current 2% level unless new shocks materially change the ...