Peru central bank chief Julio Velarde said the nation’s gross domestic product will contract this year, marking the first time a government official publicly...
Multi-trillion dollar non-banking finance saw its first major retreat last year since the global financial crisis in 2009, with the shrinkage due to higher...
The US is making “considerable progress” in bringing down inflation, which is especially notable given the labor market remains strong, Treasury Secretary Janet Yellen...
China's finally starting to do something about the three-year property crisis that's been weighing on its COVID-scarred economy.
Beijing is urging banks to boost financing...
U.S. mortgage rates inched lower this week, backing off from an eight-month high as inflation showed welcome signs of cooling.
Mortgage buyer Freddie Mac said...
Treasury Secretary Janet Yellen said it is in the United States’ best interest to maintain ties with China, though she said documented allegations of...
The European Central Bank is in the final stretch of its historic cycle of interest-rate increases, according to Governing Council member Gabriel Makhlouf.
“Given our...
Banks once again reduced their borrowings from two Federal Reserve backstop lending facilities in the most recent week, a sign the financial stresses that...