A young man has told the BBC he feared for his life when a Met Police officer held a Taser to his neck during a stop and ...

On Wednesday the Fed announced a half-point cut, which delighted markets. Prices on everything in the asset markets shot up ...

Jerome Powell says the economy is strong but still cuts rates by 50 basis points.

When asked to clarify his meaning of “people like us”, Mr Williams-Kabasomi said: “Black people”. “We’re 16 years old, ...

It reflects confidence in controlling inflation, now near its 2% target, but rising concerns about the labor market.

For two and a half years, ever since America’s Federal Reserve embarked on its fastest series of interest-rate rises since ...

Wall Street will try to bring down Donald Trump, like the Bank of England sank Liz Truss’s government, JD Vance has warned ...

The US central bank has lowered interest rates for the first time in more than four years with a bigger than usual cut. The ...

We concluded that this was the right thing for the economy and the people we serve,” the Federal Reserve chair, Jerome Powell ...

A Federal Reserve official predicted quarter point rate cuts if data looked ‘fine’. But he also set out a scenario for a ...

The direction of travel is clear.” While he offered no further clues on the pace of rate cuts, Mr Powell's remarks at the annual gathering of central bankers cemented expectations of a rate cut ...

PC Drew did not deny that he also threatened Mr Powell with a Taser while acknowledging that the youth had been compliant and non-aggressive during the stop. The officer said he “forgot” to ...