The world, in perspective.

Andy Burnham cannot silence talk of an early election as his chancellor hits bank and gamblers to fund cost-of-living tweaks in low-key budget

WASHINGTON, Oct. 28 (Yonhap) -- The U.S. Federal Reserve on Wednesday held its b...

The Federal Reserve opted to leave its benchmark interest rate unchanged — but investors widely expect the central bank to raise rates at its next meeting in December to combat stubborn inflation.

The US Federal Reserve held interest rates steady on Wednesday in a 10-2 vote, as officials opted for patience as inflation concerns linger. “The committee believes that the accumulation of more information will help it determine the policy stance appropriate to ensure a timely return of inflation to the 2 per cent goal. The committee will achieve price stab

WASHINGTON, Oct. 28 (Yonhap) -- The U.S. Federal Reserve on Wednesday held its b...

The U.S. central bank left borrowing costs unchanged this month after hiking rates in September for the first time in three years.

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Two of the 12 Federal Open Market Committee voters dissented from the decision. Both wanted to raise rates by a quarter percentage point.

Central bank to vote on monetary policy seven times next year in shift from longstanding practice of eight such meetings

Markets expect the central bank to hold rates steady for now.

Officials believe there is plenty of time left to tackle inflation, allowing them to avoid making a move so close to an election.

Markets overwhelmingly expect no change in benchmark interest rates following September's increase.

Inflation is moving in the wrong direction and the labor market remains stable, a combination that bolsters the case for higher interest rates.

Time is on America’s side, and a renewed or intensified air war would be a mistake.

Walter Koenig’s “Star Trek” colleagues are remembering the actor who played Chekov in the original “Star Trek” series, calling him “a loyal friend.” Koenig died Sunday in Los Angeles. His “Star Trek” co-star George Takei reminisced over Koenig serving as best man at his wedding. Takei, who played Lieutenant Hikaru Sulu, wrote on Instagram, “My […]

The Federal Reserve is expected to keep its overnight rate unchanged at the conclusion of its October meeting this week.

The Japan Fair Trade Commission is investigating a possible cartel regarding shipping prices among Asahi, Kirin, Suntory and Sapporo.

Moody's left its credit rating on France at Aa3, giving the country some relief in a week of unrest.

SEOUL, Oct. 22 (Yonhap) -- The Bank of Korea (BOK) kept its benchmark interest r...

SEOUL, Oct. 22 (Yonhap) -- The Bank of Korea (BOK) kept its benchmark interest r...

SEOUL, Oct. 22 (Yonhap) -- The Bank of Korea (BOK) kept its benchmark interest r...

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<img align='right' src='https://images.jpost.com/image/upload/f_auto,fl_lossy/q_auto/c_fill,g_faces:center,h_496,w_881/739504' alt='Bank of Israel. (photo credit: YONATAN SINDEL/FLASH90)' title='Bank of Israel. (photo credit: YONATAN SINDEL/FLASH90)' /><br />The annual inflation rate edged up to 1.6% in September - well within the bank's 1% to 3% target rang

Iseq in the green as London and European markets retreat