Michele Bullock, governor of the Reserve Bank of Australia (RBA), speaks during a news conference at the bank’s head office in Sydney, Australia, on Tuesday, Apr. 1, 2025. Bloomberg | Bloomberg | Getty Images Australia’s central bank cut its policy rate by 25 basis points to the lowest in two years as inflation concerns in…
Federal Reserve Chair Jerome Powell speaks at the Thomas Laubach Research Conference held by the Federal Reserve Board of Governors on May 15, 2025 in Washington, DC. Andrew Harnik | Getty Images Federal Reserve Chair Jerome Powell said Thursday that longer-term interest rates are likely to be higher as the economy changes and policy is…
BEIJING, CHINA – MARCH 06: Pan Gongsheng, governor of the People’s Bank of China, attends a new conference on economy for the third session of the 14th National People’s Congress (NPC) on March 6, 2025 in Beijing, China. Visual China Group | Getty Images China’s central bank and financial regulators announced sweeping plans on Wednesday…
The head of the Justice Department’s civil rights division said on Saturday that she was investigating a new policy in Minnesota’s largest county to determine whether it illegally considers race as a factor in plea deals. Harmeet K. Dhillon, the assistant attorney general for civil rights, announced the investigation on social media Saturday night. A…
Taiwan has condemned Somalia for banning travellers with Taiwanese passports from entering or transiting through the East African country. The ban took effect on Wednesday following an order issued by Somali aviation authorities last week, Taiwan’s foreign ministry said. Somalia is yet to comment on the ban which comes as Taiwan, a self-ruled island claimed…
The Department of Homeland Security restored the legal status of thousands of international students who had their visas revoked, according to reports Friday. College experts largely applauded the move, which was prompted by court challenges and lawsuits filed by affected students and their lawyers, as a win for students and higher education overall, but the…
Federal Reserve Chair Jerome Powell expressed concern in a speech Wednesday that the central bank could find itself in a dilemma between controlling inflation and supporting economic growth. With uncertainty elevated over what impact President Donald Trump’s tariffs will have, the central bank leader said that while he expects higher inflation and lower growth, it’s…
Paramilitary police march on Tiananmen Square outside the Great Hall of the People before the closing ceremony of the Chinese People’s Political Consultative Conference (CPPCC) in Beijing on March 12, 2009. China’s annual parliamentary sessions, the National People’s Congress (NPC) and its advisory auxiliary, the CPPCC come to a close with the economy and unemployment…
Enda McClafferty BBC News NI political editor Reuters Donald Trump attacked Ukraine’s President Volodymyr Zelensky earlier this week and has threatened to remove Palestinians from Gaza Boycotting the St Patrick’s Day celebrations in the White House is a big call by Sinn Féin. Such a snub risks damaging long-standing relationships with key political figures in…
Sanjay Malhotra, governor of the Reserve Bank of India (RBI), during a news conference in Mumbai, India, on Wednesday, Dec. 11, 2024. India’s newly-appointed central bank governor Malhotra said he will look to uphold stability and continuity in policy in his role. Photographer: Dhiraj Singh/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images The…
