The Federal Reserve has defied weeks of pressure from Donald Trump and declined to cut interest rates while the impact of his ...

A closely watched inflation gauge cooled last month in a sign that prices were steadily easing before most of President ...

MANILA, Philippines – Inflation ... the 0.7-percent decline in March. In a statement, the BSP said the more benign price gains could pave the way for additional interest rate reductions.

The decision surprised financial markets, which had widely anticipated rates would remain unchanged due to persistent inflation concerns. The rate cut follows encouraging economic indicators that ...