Struggling mortgage holders will get much-needed rate relief in May, as the Reserve Bank of Australia turns from fighting inflation to protecting Australia’s economic growth, a leading economist says.

President Trump this week backed away from his threats to remove Federal Reserve Chair Jerome Powell. That could end up ...

Global growth is forecast to slow to 2.3% in 2025, slipping below the 2.5% threshold often associated with a global recession, UN Trade and Development (UNCTAD) said in its latest report. This marks a ...

Global crude oil prices, which declined from around USD 75 per barrel to the USD 60–65 range by mid-April, are expected to ...

Olayemi Cardoso, has stated that the apex bank’s policies are yielding the necessary results to stabilise the nation’s ...

Volatility has spiked and crypto prices are down nearly across the board, due to tariff uncertainty. So, which factors will ...

Tariffs and the bleak prospects for global trade dominated discussions at the International Monetary Fund (IMF) and the World ...

Governor of the Bank of Russia Elvira Nabiullina noted that the deterioration of trade and economic relations between the US and China was included into the risk-based scenario ...

Trump’s decision not to remove Powell brought stability, lifting market sentiment and boosting the S&P 500. Read why this ...

In recent comments, some Federal Reserve officials have discussed the possibility of lowering the central bank's key interest rate as soon as June.

IMF staff and the Sri Lankan authorities have reached staff-level agreement on economic policies to conclude the Fourth Review of Sri Lanka’s reform program supported by the IMF’s Extended Fund ...

After global panic over the president’s trade proposals, Treasury Secretary Scott Bessent is downplaying his boss’s bluster.