US dollar has weakened 6.5 per cent against the Singdollar to date in 2025. Read more at straitstimes.com. Read more at ...

Pulaski Savings Bank's failure was the costliest relative to size of any U.S. bank in nearly six years, according to S&P ...

The Federal Reserve is unwilling to lower interest rates because "there will be some inflation from tariffs coming," Jerome ...

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

Some GOP senators criticized Powell, however, for characterizing tariffs as a potential driver of inflation. Sen. Pete ...

The Federal Reserve unveiled a proposal on Wednesday that would overhaul how much capital large global banks must hold ...

Powell said the Fed’s Eccles building, constructed between 1935 and 1937, “really needed a serious renovation,” saying that among the building’s issues, “it was not really safe and it was ...

The Federal Reserve unveiled plans to roll back an important capital rule that big banks have said limits their ability to hold more Treasuries and act as intermediaries in the $29 trillion market.

The US Federal Reserve released plans Wednesday to relax a key capital rule for major banks, a move they say can help ...

President Donald Trump said he's already looking for a new Fed chair to replace Jerome Powell and has narrowed his search to '3 or 4 people' ...

Sen. Elizabeth Warren urged caution on a move to reduce banks’ enhanced supplementary leverage ratio. The Fed chief appeared ...

U.S. Federal Reserve Chair Jerome Powell resumes two days of Congressional testimony on Wednesday when he appears before the ...