Bank of England Chief Economist Huw Pill said an expected rise in inflation this year would probably not lead to second-round ...

Around the world, central banks have room to cut interest rates further as the U.S. Federal Reserve pauses its policy easing. This divergence in monetary policies impacts President Trump's tariffs and ...

President Donald Trump’s tariff threats have created such strong demand for UK-held gold, traders are facing potentially weeks-long queues for a chance to withdraw it.

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, ...

Many economies seem to be settling into a lower-rate environment. That’s in stark contrast with the Federal Reserve, which ...

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 halved its growth projection for the British economy this year as it cut its main interest rate Thursday ...

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 ...