Ajay Banga, the new president of the World Bank, poses in his office at World Bank headquarters in D.C. on Nov. 7. (Allison Shelley for The Washington Post) By Steven Mufson.

WASHINGTON (Reuters) -Federal Reserve Chair Jerome Powell has asked the U.S. central bank's inspector general to review the ...

On May 3, the board of the World Bank confirmed an American, Ajay Banga, as its president for the twelfth consecutive time going back to the institution’s founding in 1946.

The latest spat between the Trump administration and the Federal Reserve is sounding more like a home-improvement reality TV ...

The outgoing president of the World Bank, David Malpass, poses for pictures with employees during a town hall at the bank's headquarters at Washington. World Bank SCOTT NORVELL Published: May. 29, ...

A return-to-office requirement from the World Bank is producing grumbling among its staff, although the development lender is giving employees more money for commuting and childcare.

Washington makes a turbulent backdrop to the spring meetings of the International Monetary Fund and World Bank, headquartered in the US capital as anchors of America’s economic and financial clout.

The U.S. Senate voted on Thursday to confirm Jonathan Gould as head of the Office of the Comptroller of the Currency, the ...

WASHINGTON (Reuters) -The World Bank on Tuesday slashed its global growth forecast for 2025 by four-tenths of a percentage point to 2.3%, saying that higher tariffs and heightened uncertainty ...

India is once again expected to the be world’s fastest-growing major economy, expanding at a 6.3% clip this year. But that’s down from 6.5% in 2024 and from the 6.7% the bank had forecast for ...