Runaway inflation has historically been tackled by upping interest rates, but it is not clear whether today’s economy will be able to withstand more tightening without breaking, writes XM

We are now looking towards the end of this challenging tunnel after long periods of lockdowns, restrictions, countless hours of remote working and volatile markets. However, the risks ahead have not been eradicated, and we should prepare to overcome them

President Donald Trump’s economic nationalism was shaking confidence in the dollar’s standing even before the COVID-19 pandemic. But the crisis has stoked fears that the greenback could lose its position as the world’s reserve currency

The role of central banks as neutral stewards of the financial system is being undermined by a mix of populism and economic structural changes

A huge spike in overnight borrowing costs has prompted the Federal Reserve to launch an emergency repo operation for the first time since 2008

For the past 10 years, the practice of quantitative easing has been used almost ubiquitously by the world’s largest economies. However, this phase of monetary policy is reaching its end, with central banks looking to reverse the process

Janet Yellen has defended a controversial decision to lessen the regulatory burden on American International Group, saying it creates the right incentives for other companies

Former Republican Treasury official Randal Quarles is set become the Fed’s first Vice Chair of Supervision as President Trump seeks regulatory reform

The US Federal Reserve has raised its key interest rate to a range of one to 1.25 percent, marking the second increase this year

German lender Deutsche Bank has come under fire for its substandard anti-money-laundering practises, prompting the latest in a string of fines

The Fed has sought to calm fears after US household debt reached a record high as a result of an uptick in mortgages and student loans

Federal Reserve Chair Janet Yellen is one of the most powerful people in global finance. But with Trump in the Oval Office, her tenure could be under threat

Mexico’s central bank has hiked the interest rate by 0.25 percent in order to counterbalance inflation and boost the peso

With the US economy finally beginning to pick up, the US Federal Reserve has increased its benchmark rate by 0.25 percent

New minutes from the latest Federal Open Market Committee meeting show that the condition of the global economy remains a key concern for the Fed