The BoE's predictions follow its decision on Thursday to cut its main interest rate for the third time in six months. The ...
Many economies seem to be settling into a lower-rate environment. That’s in stark contrast with the Federal Reserve, which ...
It is unclear what exactly Trump's tariffs are truly designed to achieve. Trump's nominee for U.S. trade representative, ...
Hypersensitive currency swings to this week's "stop-go" U.S. tariff threats suggest a persistent offset to the new ...
Powell is set to testify before the Senate Banking Committee on Tuesday at 10 a.m. Eastern and to the House Financial Services panel on the following day. Companies across the country are bleeding ...
The Bank of England has cut its main interest rats for the third time in six months as the British economy is struggling to ...
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
Asset managers and markets were not surprised by the Bank of England reducing interest rates to 4.5% from 4.75%, putting rates at their lowest point since June 2023.
Euro area bond yields increased as traders considered the impact of possible U.S. tariffs on ECB policy, alongside the Bank ...
Greater challenges await in future meetings when the BoE will be balancing the need to support an ailing economy without ...