South African Reserve Bank Governor Lesetja Kganyago said he favors ending the use of prime, the main reference rate commercial banks use to price trillions of rand of loans to clients. “We would like ...

A new study led by Boston College School of Social Work Professor Summer Sherburne Hawkins found that recreational cannabis legalization in the United States is driving increases in cannabis use among ...

The Bureau of Labor Statistics reported that the Consumer Price Index increased 2.7% in December from year-ago levels after rising by the same 2.7% rate in November. Year-over-year core CPI (which ...

Jan 12 (Reuters) - J.P. Morgan ‌predicts the U.S. Federal Reserve's next move ‌will be a rate hike in 2027, while Barclays and Goldman Sachs joined Morgan Stanley in postponing rate cut calls to ...

Microsoft announced today that it has canceled plans to impose a daily limit of 2,000 external recipients on Exchange Online bulk email senders. The change was announced in April 2024, when Microsoft ...

Interest rates remain top of mind for homebuyers in the new year, especially after years of volatile swings driven by inflation and Federal Reserve rate fluctuations. The past year drove rates down, ...

The U.S. economy's resilience in 2025 is expected to carry over when the calendar turns to 2026, with growth expected to accelerate as tax cuts and more favorable financial conditions take hold and ...

The United States shed 105,000 jobs in October and added 64,000 jobs in November, the Bureau of Labor Statistics said Tuesday, lifting a monthslong fog that had shrouded the labor market. The ...

This technical assistance (TA) report presents the outcomes of the multi-year National Reserve Bank of Tonga (NRBT) Forecasting and Policy Analysis System (FPAS) TA project, conducted between ...

We develop and estimate a parsimonious New-Keynesian small open-economy model that incorporates Diagnostic Expectations (DE)—a behavioral alternative to Rational Expectations (RE). Under DE, agents ...

Borrowing costs are finally easing for homeowners as the Federal Reserve cuts rates. Home equity loan and home equity line of credit (HELOC) interest rates have been consistently declining, making it ...