The Southeastern Pennsylvania Transportation Authority could implement sweeping service reductions amid a budget shortfall.

While frustrated ratepayers will get some long-sought relief, regulators are raising concerns about other costs that affect energy bills.

That isn't a good combination, so the central bank is likely to cut interest rates throughout the year to support economic activity. The U.S. Federal Reserve has a dual mandate. First, it's tasked ...

The central bank held its latest policy meeting last week, and offered some fresh guidance for the future path of interest rates. Here's how many cuts could be on the table in 2025. The Fed ...

The Bank of Thailand, which has long resisted interest-rate cuts despite immense political pressure, may end up having to embark on the region’s most aggressive easing cycle as a sluggish ...

The Bank of England kept interest rates on hold and warned investors against assuming they would be cut quickly as it grappled with deep uncertainty hanging over the British and world economies.

As expected, there was no interest rate cut by the Fed in its meeting this week, but it is still flagging two more rate cuts this year and, crucially, is scaling back its “quantitative ...

FED LEAVES RATES UNCHANGED, UPDATES ON RATE CUT PLAN Powell, during his Wednesday press conference, was asked if tariffs are stoking inflation. "It is going to be very difficult to have a ...

Repo rate cuts by the Reserve Bank of India (RBI) have a direct impact on personal loan interest rate and EMIs (Equated Monthly Installments). The interest rate at which the RBI lends to ...

BofA Securities has reinforced expectations of a 100 bp rate cut by the RBI MPC in this cycle. (Image: PTI) BofA Securities has reinforced expectations of a 100 bp cut in this cycle including the ...

Powell had emphasized the tariffs as playing a pivotal role in the Fed’s wait-and-see approach to rate cuts. “We think our policy is a good place to react to what comes,” Powell said at a ...