The Bank of England is "almost certain" to cut interest rates next month after the economy slumped for a second month in a row, according to economists.

Fresh growth figures have fuelled speculation of an August interest rate cut in a bid to give the waning UK economy a shot of life. The Office for National Statistics (ONS) revealed on Friday the UK ...

Mortgage rates turned upward this week after falling the previous five weeks in a row.The 30-year fixed-rate mortgage ...

The Bank of England will review the overall level of capital requirements it sets for banks for the first time since 2019 ...

WASHINGTON — Federal Reserve chief Jerome Powell is sticking to his position that the central bank will keep its key rate on hold while it waits to see how President ...

The Bank of England has a long way to go before its key interest rate is no longer restraining the U.K. economy, and risks seeing inflation fall below its target if it doesn't cut quickly enough, a ...

Monetary Policy Committee member Alan Taylor flagged a ‘deteriorating outlook’ in the UK economy as trade woes mount.

Rates should be cut three more times in 2025, says Bank policymaker A Bank of England policymaker has said interest rates ...

An analysis finds a critical group of U.S. employers would face a direct cost of $82.3 billion from President Donald Trump’s ...