Despite inflation being the lowest it has been since June 2020, economists widely anticipate that the central bank will keep the repo rate unchanged in May.

Welcome to the Wall Street Week newsletter, bringing you stories of capitalism about things you need to know, but even more ...

The first wave of Federal Reserve officials to weigh in after this week's policy meeting reiterated on Friday that the ...

MILLIONS of mortgage bills are set to fall after the Bank of England (BoE) slashed interest rates this afternoon. During ...

New York Fed President and CEO John C. Williams emphasized the importance of robust monetary policy in the face of pervasive uncertainty during his speech at the Reykjavík Economic Conference in ...

Despite the recent decline in inflation, the MPC remains cautious, stating that interest rates will need to stay in ...

The Bank of England (BoE) interest rate policy meeting yesterday benefits from being accompanied by a quarterly economic ...

Andrew Bailey has signalled that Sir Keir Starmer’s trade deal with the US will not be enough to offset the hit to growth ...

The base rate also dictates the interest rates offered by banks on savings accounts, meaning these are likely to fall.

The Bank of England’s Monetary Policy Committee (MPC) has voted to cut rates by a further 0.25 percentage points, taking the base rate to 4.25 per cent. The move was widely anticipated by analysts and ...

The Bank also forecast a significant slowing of the US economy hit by its own tariffs. The Bank also said the impact of the ...