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 ...

In a speech at the London School of Economics, Alan Taylor said the key rate should "normalize" at 2.75% if all the shocks that have rocked the U.K. economy over recent years dissipate. At last ...

The Pound Sterling (GBP) stretched its recovery mode and hit its highest since October 2021 against the US Dollar (USD) ...

The data, which showed the US labor market remains quite resilient, led to a sharp decline in bets for an interest-rate cut ...

The European Central Bank (ECB) is expected to hold off on further interest rate cuts until September, as rising trade ...

Donald Trump’s ever-changing tariff agenda has caused months of deep uncertainty for global markets and businesses.

The risk of inflation is pointing downwards rather than upwards, Belgium's central bank governor, Pierre Wunsch, told Germany's Handelsblatt newspaper in an interview published on Thursday.

State-owned asset management company (Kedipes) announced this week that it has officially terminated its interest subsidy scheme for performing credit facilities indexed to the European Central Bank’s ...

The European Central Bank is at greater risk of undershooting its inflation target following a sharp appreciation of the exchange rate, Governing Council member Francois Villeroy de Galhau said.

The US dollar has plunged over 10 per cent in the first half of 2025 — its steepest fall since 1973 — triggering concerns ...

Our determination, our commitment, and our duty are to keep price stability, and price stability is around 2% inflation,' ...

Keir Starmer and Rachel Reeves launched a City charm offensive in the wake of their victory, hoping to persuade businesses ...