Overall, global conditions have become more favourable, but there are still risks.” The cut places the repo rate at 8%.

Wall Street romped to records Thursday as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to interest rates. The S&P 500 jumped 1.7% for one of its best days of ...

President Joe Biden said Thursday the Federal Reserve’s decision to lower interest rates was “an important signal” that inflation has eased as he poked at Donald Trump’s economic policies as a failure ...

The Bank of Japan left interest rates unchanged on Friday, after a decision to hike them in July pushed the yen sharply ...

Despite these challenges, the latest report offers some optimism. The four-week average of claims, which smooths out weekly ...

Specialist Genaro Saporito, foreground, works with traders at his post on the floor of the New York Stock Exchange, Wednesday ...

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The Bank of Japan kept interest rates steady on Friday and revised up its assessment on consumption, signaling its confidence ...

On Wednesday, after what has felt like one of the longest and most painful hiking cycles, the Fed announced a change to their ...

The number of Americans applying for unemployment benefits fell to their lowest level in four months last week. Claims slid ...

The South African rand softened in early trade on Friday, cooling off after strong gains in a week that saw interest rate ...

US Treasury Secretary Janet Yellen said Thursday that the Federal Reserve's interest rate cut of 50 basis points is "a very ...