The average reserve requirement ratio, or RRR, for financial institutions is around 7% at present, "so there is some room," Zou Lan, head of the bank's monetary policy department, said at a media ...

They also reinstated infielder Nick Gonzales from the injured list and designated right-hander Jake Woodford for assignment. Robert Murray of FanSided reported on X that Woodford was being ...

Federal Reserve Chair Jerome Powell gave his strongest signal yet that interest-rate cuts are coming soon, saying the central bank intends to act to stave off a further weakening of the labor market.

Update, Aug 23, 2024: This article has been updated with additional information from Powell's speech. In a major policy speech, Federal Reserve Chair Jerome Powell said the Fed is ready to start ...

JACKSON HOLE, Wyoming (AP) — With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest rate from its current 23-year high ...

The fourth installment in the Masters’ Collection from Woodford Reserve was a historical throwback ... only available outside of the USA (according to most sources). There’s no paper label: text is ...

Treasurer Jim Chalmers has written to his Coalition counterpart Angus Taylor seeking to progress stalled RBA reforms. The pivotal concession is that all current RBA board members will be given the ...

Caz Craffy was sentenced to more than 12 years in prison this week for pocketing more than $1.4 million in commissions while defrauding Gold Star families. (Jose Luis Magana/AP) A former Army ...

WASHINGTON (AP) — Most Federal Reserve officials agreed last month that they would likely cut their benchmark interest rate at their next meeting in September as long as inflation continued to cool.

Simply sign up to the US interest rates myFT Digest -- delivered directly to your inbox. Federal Reserve officials last month signalled their readiness to start cutting interest rates at their ...

The Federal Reserve, or "the Fed," is the central bank of the U.S., and just about everything it carries out influences your financial decisions and opportunities more than you may realize.

Andrew Harnik / Getty Images Federal Reserve Chair Jerome Powell will speak about the economic outlook on Friday and could shed light on the outlook for the central bank's next moves on interest ...