Despite this, NIESR says BoE only has scope to cut rates by a further quarter point this year and once more in 2026, lowering ...

Last week the rate was cut from 4.75% to 4.5% with the prevailing wisdom suggesting that the threat of a return to higher inflation deterred the MPC from agreeing a large cut.

The slump in gold reserves comes amid record-breaking prices for the precious metal. Russians are piling up on what is considered a safe-haven asset in response to high inflation and strict sanctions ...

Bank of England policymaker Catherine Mann said on Tuesday that her unexpected vote for a half percentage-point cut in ...

Catherine L. Mann on Thursday surprised investors by voting to lower the key interest rate by half of a percentage point, a larger move than that favored by the majority. Mann had on a number of ...

The Bank of England's decision to cut interest rates is a 'welcome development' for the motor trade, following a tough ...

Fed Chair Powell's monetary-policy testimony on Tuesday to the Senate Banking Committee, and on Wednesday to the House Financial Services Committee, will also be watched closely for clues on the rate ...

The U.S. dollar edged higher prior to key payroll figures, influenced by interest rate speculations in Japan and recent U.S.

Rachel Springall, finance expert at Moneyfactscompare.co.uk, said savers who were “enchanted” by Chase’s guaranteed bonus of ...

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

European markets are set to climb down from record highs when trading resumes on Friday, as corporate earnings, monetary ...

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