US Federal Reserve

The European Central Bank must lower borrowing costs twice before its August summer break and two more times before the end of the year, without being swayed by the US Federal Reserve, Bank of Greece chief Yannis Stournaras has said.

ECB should not be influenced by Fed's moves, BoG governor says during London interview - "Real wages will only reach pre-pandemic levels in 2025" - What he said about the possibility of interest rates returning below 2 percent

Bulgaria emerges as a surprising leader in the realm of gold ownership, securing its position among the top three countries in Europe per capita, as revealed by financial expert Max Baklayan in an interview with BNR.

Almost four years have passed since Congress approved and Donald Trump signed a huge relief bill designed to limit the financial hardship created by the Covid-19 pandemic. The CARES Act did its job.

Two US Federal Reserve officials indicated Wednesday that the nation's central bank is on track to tackle inflation, but that it is still too soon to begin lowering interest rates.

The economic program the government is implementing is working and yielding results, Treasury and Finance Minister Mehmet Şimşek has said, noting that the monthly inflation is declining.

European Central Bank (ECB) policymakers are expected to keep interest rates steady on Jan. 25 and signal they are in no hurry to start slashing borrowing costs despite progress against inflation.

The Frankfurt institute is tipped to pause for the third meeting in a row following a historic run of hikes to tame runaway prices, leaving the benchmark deposit rate at 4 percent.

Sales of previously occupied U.S. homes sank in 2023 to a nearly 30-year low, as sharply higher mortgage rates, rising prices and a persistently low level of homes on the market combined to push homeownership out of reach for many Americans.

China on Friday announced new plans to restrict the online gaming industry, sending shares in tech giants including Tencent tumbling and wiping tens of billions of dollars off their value.

New draft restrictions published online by the regulator are aimed at limiting in-game purchases and compulsive playing behaviour.

Stock markets fell yesterday as traders took a step back following last week's rally, with Federal Reserve officials looking to temper expectations the U.S. central bank will cut interest rates several times next year.