CBUAE took the decision following the US Fed's announcement to keep the interest rate on reserve balances (IORB) unchanged ...

Yesterday’s meeting, which saw two dissenting votes from the hold decision, was preceded by further demands from Trump ...

The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.

The Federal Reserve left its key interest rate unchanged at 4.25% to 4.5% and offered no clues on whether it will resume its rate cuts in September.

Humana boosts full-year profit guidance and the stock rises while SoFi falls after announcing an underwritten public offering ...

Maintaining the elevated federal funds rate makes borrowing more expensive, but the alternative is artificially cheap money, malinvestment, and inflation.

Fed funds futures traders are pricing in a 46% probability of a rate cut by September, down from about 65% a day ago, ...

Trump has threatened to fire Fed Chair Jerome Powell, challenging the Fed's independence. Experts say he's not the first ...

The decision means financing for property expansions, frame racks and ADAS calibration systems will stay expensive well into the busy fall repair season.

Federal Reserve holds steady on interest level but vote saw a pair of dissenting votes for the first time in decades ...

But some CRE experts say that small, predictable changes in the Federal Reserve’s actions might be just what the industry ...