The first central bank interest rate moves of 2025 suggest it will be a year where some important heavyweights, in both the ...
The rationale for the bank’s doves may be to frontload cuts — the UK still has some of the highest rates globally — before the rise in inflation makes it prohibitive. This was the market’s ...
The Bank of England lowered its main interest rate by a quarter of a percentage point to 4.50 per cent, taking it to its ...
The FTSE 100 and European stocks were lower on Friday, as Wall Street opened higher after the US added 143,000 jobs in ...
Bank of England Chief Economist Huw Pill said on Friday that an expected rise in inflation this year would probably not lead ...
Barclaycard is about to implement a significant change to credit card fees for millions of its customers. The company ...
Pill voted with the majority of the Monetary Policy Committee to cut the central bank's main interest rate by a quarter point ...
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.
Huw Pill called an expected rise in inflation this summer an ‘upward blip’ and said it would probably not affect everyday ...
The neutral rate can't be directly observed, so economists use a variety of means to estimate it. The ECB said the models that had been updated to the end of 2024 pointed to the 1.75%-2.25% range, ...
The PA news agency looks at the outcome of the Bank of England’s decision, and whether rates will fall again soon.
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 ...