Furthermore, the Bermuda Monetary Authority cancelled the registration of 777 Re Ltd — a Bermudian reinsurer to whom a number of insurers controlled by A-Cap group had “ceded” assets.

The Fed stays focused on inflation and employment, with no rate cuts expected soon. Check out my analysis on Fed policy and ...

President Donald Trump on Monday continued hammering at the U.S. Federal Reserve to ease monetary policy, sending Fed Chair ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

In their latest quarterly economic projections, released June 18, eight of the 19 FOMC officials said they expect two rate ...

In prepared remarks, Powell said concerns linger over the impact President Donald Trump’s tariffs will have on inflation.

Federal Reserve Chair Jerome Powell told Congress the central bank can afford to wait and see how President Donald Trump's ...

But monetary policy can, and does, take into account these movements in risk premiums by influencing the overall level of interest rates through changes in the target for the overnight rate of ...

At least three Federal Reserve policymakers spoke out this week in favor of holding interest rates steady for the time being, in contrast to two who said they were open to the idea of cutting the fed ...

Amid exceptional uncertainty, the global economy is projected to grow 5.5 percent in 2021 and 4.2 percent in 2022. The 2021 forecast is revised up 0.3 percentage point relative to the previous ...

The World Economic Outlook (WEO) database contains selected macroeconomic data series from the statistical appendix of the World Economic Outlook report, which presents the IMF staff's analysis and ...

Other monetary proposals laid out at the 2023 summit included founding a new cryptocurrency or using a combined basket of BRICS currencies. Skeptics say those ambitions are far from reach, however.