The Federal Open Market Committee elected to keep the fed funds rate 4.25%-4.50%, amid concerns that tariffs, unemployment, ...

Fitch Ratings has given Seylan Bank's proposed Sri Lankan rupee-denominated, Basel III-compliant subordinated debentures — ...

Sri Lanka's gross official foreign exchange reserves dropped 205 million US dollars to 6,326 million US dollars April 2025 from 6,531 million dollars in March, official data showed, despite some ...

The make-up of the voting members of the Federal Open Markets Committee looked a bit different than expected this week, as ...

For release at 2:00 p.m. EDT May 7, 2025 Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace. The ...

Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to ...

Sri Lanka's All Share Price Index was trading in red within the first half hour of market open, as local government election ...

Americans are still dreading a recession and rising inflation, even after President Donald Trump paused his massive tariff hike on dozens of countries.

Minneapolis Fed Pres. Kashkari says uncertainty over trade is making corporate boardrooms nervous, potentially leading to ...

(Reuters) -Minneapolis Federal Reserve Bank President Neel Kashkari on Thursday said the extreme uncertainty over U.S. trade ...

Resolving trade disputes with key partners -- preferably sooner than later -- would help lift a cloud of uncertainty over the ...