The Federal Reserve System is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics led to the desire for central control of the monetary system in order to alleviate financial crises. Read More
As a result of Turkish President Recep Tayyip Erdogan's unorthodox and misguided economic policies and especially his conviction that high-interest rates raise prices, the Turkish Lira is expected to have lost 44 per cent of its value in 2021, scorin ...
Sri Lanka's food prices hit record highs as inflation increased to 12.1 per cent in December last year, up 2.2 per cent from November in the same year. ...
Prime Minister Mullah Mohammad Hassan Akhund issued a decree ordering the Central Bank to unblock the bank accounts of officials of the previous Ashraf Ghani government who have not left the country. ...
