Discover the different types of multilateral development banks, their roles in global finance, examples like the World Bank, and how they support economic development.

KUALA LUMPUR, Malaysia--Malaysia's central bank lowered its growth and inflation forecasts for the Southeast Asian country, citing rising global trade tensions and geopolitical risks. Bank Negara ...

Another day, another piece of evidence that President Donald Trump’s escalating trade war with friends and foes is hurting the global economy. Today: Japan’s central bank cut its economic growth ...

Brazil’s central bank governor said he’s confident the current cycle of interest rate hikes will tame above-target inflation and damp activity after policymakers cut their 2025 economic growth ...

Federal Reserve Chair Jerome Powell said the central bank would leave its benchmark interest rate unchanged, adding that now is the time to “wait for further clarity.” Photo: Roberto Schmidt/Agence ...

MEXICO CITY (Reuters) -Mexico's economy is performing better than expected, the Bank of Mexico said on Friday in its quarterly report, while increasing its growth forecast for the rest of the year for ...

MEXICO CITY–The Bank of Mexico lowered its economic growth estimates for this year and next, citing uncertainty about the impact of U.S. import tariffs and weakness in domestic consumption and ...

Bank transactions are exempt from this restriction, and here lies the problem for borrowers, which prompted many of them to ...

The European Central Bank (ECB) is expanding the development of a wholesale central bank digital currency (CBDC) payment system to settle transactions between institutions, according to a Feb. 20 ...

The Reserve Bank of India’s Monetary Policy Committee (MPC) on Wednesday revised its GDP growth forecast for FY2025–26 upwards to 6.8%, compared with 6.5% projected in August. Quarterly growth for Q1 ...

The US bank reserves dropped as the Treasury borrowed more funds to restore its cash balance after raising the debt limit in ...