Last month, the U.S. central bank cut the overnight rate by half a percentage point, citing greater confidence that inflation will keep receding.

U.S. stocks drifted around their record heights following the latest signals that the U.S. economy continues to hum.

The ECB said inflation was under control - having fallen sharply following a painful spike in the wake of Covid lockdowns and ...

Russia is hemorrhaging money. The country can no longer rely on gas and oil revenues to fill its coffers. The Ukrainians have ...

The interest rate cut is the European Central Bank's third since June and shows optimism among rate-setters over the path of ...

Austerity is not bad economics. It is a century-old project to undermine democracy in crucial areas of our lives.

Government borrowing heavily in the domestic market leads to very high interest rates cutting off the private sector and it’s ...

The European Central Bank cut interest rates on Thursday for the third time this year, saying inflation in the euro zone was ...