Do banks receive deposits and then loan some of that money out? Or do they first extend loans that turn into deposits in the ...

On Russia’s Central Bank set the official exchange rate at 97.1 rubles to the U.S. dollar. Back in early August, the rate was ...

Following the ECB's rate cut, the Euro and British pound weakened against the U.S. dollar. See more on global economic ...

The European Central Bank (ECB) may need to adjust its monetary policy to manage the risk of eurozone inflation falling below ...

NCBA Bank has revised Bank Reference Rates for its customers as part of its latest review. In a statement issued on Friday, ...

Bitcoin has climbed 11% in the past week, but there could be some macroeconomic headwinds on the horizon, say analysts.

Over the past three years inflation has gone from “transitory” to “persistent” to, well, boring. Across the developed world ...

Euro zone inflation could return to the European Central Bank's 2% target sooner than earlier thought and will likely hover ...

Economists in the ECB's Survey of Professional Forecasters now see inflation next year at 1.9%, below the 2% predicted three ...

The European Central Bank will see inflation dip just below its target next year, according to its quarterly survey of ...

The European Central Bank, which was created in 1999 when the euro currency was born, started raising interest rates in the ...