Colombia's central bank board is expected to hold the benchmark interest rate at 9.25% on Friday, on the back of mounting fiscal uncertainty and despite recent lower inflation.

Ratings agencies S&P and Moody's downgraded Colombia's debt rating by one notch on Thursday, with both citing weaker fiscal performance.

Cryptocurrency exchange Kraken has been granted a license to operate in the Republic of Ireland under the European Union's Markets in Crypto Assets (MiCA) regulation.

How fixed are global exchange rates? From bankunderground.co.uk While the collapse of the Bretton Woods system in 1973 has traditionally been seen as heralding a major shift towards floating exchange ...

The Pentagon’s fiscal 2026 budget request carries the imprint of recent conflicts, with a big investment in air and missile defense systems.

Record-high public debt and elevated interest costs have significantly constrained governments’ ability to deploy fiscal stimulus, limiting their options to support growth during downturns.

What Happened: “The current posture of monetary policy, which has been characterized as ‘wait-and-see,’ is appropriate,” Schmid stated in prepared remarks to an agricultural summit in ...

August 2021, Book Chapter: "A majority of countries neither freely float their currencies nor firmly peg. But most of the remainder in practice also don’t obey such well-defined intermediate exchange ...

The central banker’s comments on the interest rate outlook caught the attention of financial markets, where stock prices got a hop and futures markets bolstered what are still low odds the central ...

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

Rates and Risks: Bowman's Vision for U.S. Monetary Policy Federal Reserve Vice Chair Michelle Bowman indicated a potential interest rate cut due to rising risks in the job market and stable inflation ...