U.S. President Donald Trump and Chinese President Xi Jinping agreed to keep their trade war from escalating with a promise to halt the imposition of new tariffs for 90 days as the world’s two largest economies negotiate a lasting agreement.
the Board of Governors voted unanimously to leave the interest rates on required and excess reserve balances unchanged at 2.20 percent and voted unanimously to approve establishment of the primary credit rate at the existing level of 2.75 percent, effecti
subject of the profound transformation since the Global Financial Crisis in the Federal Reserve's approach to monitoring and addressing financial stability.
The latest collapse in oil prices has proved some investors right in their lack of confidence in energy stocks this year. Crude prices surged to a four-year high early in 2018 as tensions with Iran and OPEC supply cuts raised concerns that global oil s
Diplomats in Brussels said EU states’ concerns over fishing rights and future trade ties had largely been addressed in the political declaration on the EU-UK future ties that would form a package with the legally binding divorce deal, meaning Spain’s conc
Singaporean Prime Minister Lee Hsien Loong warned that Southeast Asian nations may one day have to choose between the U.S. and China, as concerns deepen about a Cold War-style conflict between the world’s biggest economies.
The latest warning on consumer appetite for electronics came from Lumentum Holdings Inc., an Apple supplier that said a top customer asked to “meaningfully reduce shipments” for previously placed orders.
Committee decided to maintain the target range for the federal funds rate at 2 to 2-1/4 percent.
The Democratic takeover of the House of Representatives cripples his conservative agenda and opens the way for unfettered investigations into his scandal-plagued administration, his presidential campaign and his family’s business empire.
Reserve Bank of Australia decided to leave the cash rate unchanged at 1.50 per cent.