As expected, the Federal Reserve announced Wednesday that it would leave its benchmark interest rate unchanged at its current ...

Monetary policy, a crucial tool wielded by central banks, plays a significant role in shaping the economic landscape. Its ...

Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s ...

The Federal Reserve doesn’t need to adopt a “Monetary Policy Rule.” Not only would the central bank shed the pretense of rules-based constraints on its power during times of upheaval and unc ...

In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook. The Committee would be prepared to ...

After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and ...

Heading into today's Fed announcement, we didn't expect to receive any significant surprise on the stance of monetary policy.

The Bank of Canada today reduced its target for the overnight rate to 3%, with the Bank Rate at 3.25% and the deposit rate at ...