Donald Trump's desire to remove Jerome Powell as chair of the Federal Reserve is unlikely to alter Fed decision making or have a significant effect on financial markets, as the Fed is independent from ...

President Donald Trump’s nominee to the Federal Reserve Board has implications for the central bank's monetary policy ...

Stephen I. Miran may spend only a few months on the central bank’s board of governors, but in that time he can influence the ...

The way the Fed is designed, there isn’t too much the new Fed chair can do outside of setting a change in tone and publicly pushing for a new direction.

The property industry has welcomed the Bank of England’s (BoE's) decision to reduce the base rate by 0.25 percentage points ...

“By selecting Miran, Trump has made a stop-gap appointment and given himself until January to make the main call,” said ...

Reactions may include a positive move if current Fed Governor Christopher Waller is picked, signaling continuity of ...

UK interest rates have been cut by 0.25 percentage points to 4.00%, with concerns over economic weaknesses trumping rising ...

COMMENT: The flagging UK economy will get a badly needed boost from the Bank of England’s third rate cut of the year – but, ...

The Bank of England cut interest rates on Thursday but four of its nine policymakers - worried about high inflation - sought ...

The Bank of England's recent interest rate cut led to a rise in British bond yields, boosting the pound. However, inflation ...