From Aug 1, it will be cut to 5.45% per annum, from 6.3% previously, on the first S$100,000. Read more at straitstimes.com.

The US’s headline personal consumption expenditures inflation index for May rose at an annual rate of 2.3 per cent, in line with consensus expectations and slightly above April’s 2.2 per cent rise. On ...

The U.S. dollar hovered near its lowest level in 3-1/2 years against the euro and sterling on Friday, as traders wagered on ...

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 ...

The White House Council of Economic Advisers chairman Stephen Miran told Yahoo Finance on Thursday that he expects the Trump ...

NEW YORK: Federal Reserve Bank of Richmond President Thomas Barkin said on Thursday tariffs are very likely to push inflation ...

U.S. President Donald Trump has not decided on a replacement for Federal Reserve Chair Jerome Powell and a decision isn’t imminent, a person familiar with the White House’s deliberations said on ...

I've been experimenting with breeding racing deer. People have accused me of just trying to make a fast buck.” There are no ...

ANALYSIS: President Trump has said he may move up the announcement of Powell's replacement, with analysts looking for public ...

He believes that Powell’s insistence on inflation risks raised by US tariffs and trade policy mean that despite some signs of ...

The Senate and House are fighting over Trump’s ‘One Big Beautiful Bill’ and deficit costs, but chief financial officers tell ...

The Fed remains in a holding pattern, keeping rates unchanged as inflation risks from tariffs and economic uncertainty ...