In a news conference, Powell suggested that the central bank remains concerned about inflation that was still stubbornly elevated even before the Iran war’s impact on gas prices.
The Bank of Canada held its key interest rate at 2.25 per cent on Wednesday, saying that higher oil and gas prices from the ...
Ethiopia’s central bank retained its benchmark interest rate at 15%, saying a tight monetary policy stance remains necessary ...
The average 30-year fixed mortgage rate fell to 5.98%, dipping into the 5% range for the first time in three and a half years. Rates are down slightly from last week and significantly lower than a ...