Hong Kong's de facto central bank said on Thursday it bought US$1.2 billion worth of Hong Kong dollars after the local currency hit the weak end of its trading band. The city's currency is pegged in a ...

Hong Kong's de facto central bank said on Thursday it sold 1.2 billion U.S. dollars against the Hong Kong dollar, which hit ...

Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That ...

As the Federal Reserve considers changes to the supplemental leverage ratio, Fed Board chair Jerome Powell said that effort ...

Israel sanctioned Iran’s central bank and other entities it says are part of a network that finances terrorism across the ...

Powell is facing two days of what could be tough grilling on Capitol Hill, as Trump has repeatedly urged the Fed to reduce borrowing costs.