Last updated: 2026-01-29 18:32:51 ET
President Trump has been pressing the Federal Reserve to cut interest rates more aggressively, but the central bank voted to hold rates steady for now, as it tries to bring down inflation.
The Riksbank kept its key policy rate at 1.75%. Policymakers have now held steady for three consecutive meetings.
Singapore’s central bank kept monetary-policy settings steady at its first meeting of the year, forecasting hotter inflation and relatively stronger...
The bank’s monetary policy committee kept the nation’s benchmark rate at 15%, while indicating it may start cutting at its next meeting in March.
Musk has framed AI technology as central to his broader push to develop artificial intelligence that could support the automaker's self-driving and ro...
Powell: "Every advanced economy, democracy" has an independent central bank. 🏦
The central bank cut rates at its three previous meetings in an effort to support the job market. But with inflation still elevated, the Fed is cautious about additional rate cuts.
The central bank opted for its first pause after three rate cuts last year, as officials wait for clearer signs that inflation is cooling.
Officials said they are unable to predict the timing and direction of the central bank’s next rate move.
A major border feud with Afghanistan should force Islamabad to reevaluate its latent ties with Central Asia.
