In a speech at the London School of Economics, Alan Taylor said the key rate should "normalize" at 2.75% if all the shocks that have rocked the U.K. economy over recent years dissipate. At last ...

Just two months after President Donald Trump began a brief detente with Federal Reserve Chairman Jerome Powell, he’s ramping up his old pressure campaign. Although Trump has stopped short of ...

European Central Bank Governing Council Member Francois Villeroy discusses the appreciation of the euro and says the ECB ...

The comments coincide with another European heat wave in which much of the region has experienced unusually high temperatures ...

An unprecedented heatwave has hit parts of Europe, with Spain, England, France, and Italy seeing record temperatures for this ...

The just-released minutes of the European Central Bank's June meeting show that most ECB members were concerned about a ...

BERLIN (Reuters) -The risk of inflation is pointing downwards rather than upwards, Belgium's central bank governor, Pierre ...

Hiring surged in June as businesses navigated uncertainty surrounding President Donald Trump's tariffs, federal government ...

Job growth was better than expected in June, and unemployment unexpectedly declined.

President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.

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 ...