Jay Powell

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ECB governor Mario Draghi this week sounded a clear alarm bell about the state of the euro zone economy. Photograph: AFP

The ECB’s official interest rates are already at zero – or lower. Yet this week Mario Draghi, the European Central Bank president, hinted they may fal(...)

Federal Reserve chairman Jay Powell: the Fed noted that inflation continued to run below its 2% target

The Federal Reserve held interest rates steady but shifted towards a more dovish stance and pointed to possible interest rate cuts in the future, citi(...)

Federal Reserve chairman Jerome Powell has set the stage for a possible rate cut.

Federal Reserve policymakers are set to meet on Tuesday and Wednesday for a gathering that is laden with anticipation because of the possibility that (...)

Photograph: iStock

As expectations have increased that the Federal Reserve is likely to cut US interest rates as early as next month, investors have sold bank stocks, sh(...)

Federal Reserve Board chairman Jerome ‘Jay’ Powell.

The Federal Reserve flagged signs that inflation has weakened despite solid growth as it reiterated its determination to be “patient” before moving in(...)

US Federal Reserve chairman Jerome Powell: ‘no need to rush for judgment’ on interest rates. Photographer: Andrew Harrer/Bloomberg

The Federal Reserve is likely to refrain from raising interest rates for the rest of the year, cementing the US central bank’s sharp shift towards a “(...)

European Central Bank president Mario Draghi

Last autumn it looked as if interest rates would start to rise this year, for the first time since the economic crisis. September had been pencilled i(...)

 Federal Reserve board chairman Jerome Powell:  A combination of poor economic data and more cautious notes from the Fed helped fuel the jump in rate cutting expectations. Photograph: Yuri Gripas/Reuters

Investors are now pricing in a greater probability that the Federal Reserve will cut rates rather than raise them in 2019, highlighting the rising fea(...)

Global stock investors took fright in early October as the US Federal Reserve signalled a possible more aggressive path for rate hikes, sending US bond yields to eight-year highs. Photograph: Andrew Caballero-Reynolds/AFP/Getty Images

Stock-market Cassandras warning of impending danger were a brave species at the start of the year, as Wall Street indices hit fresh all-time highs on(...)

A trader working on the floor of the New York Stock Exchange on December 26th. Photograph: REUTERS/Jeenah Moon

Wall Street was marked by volatile trading on Wednesday as investors returned following a turbulent run-up to Christmas that had helped wipe more than(...)

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