Bank of England cuts interest rates as it warns food costs could push inflation to 4%
The Bank of England has cut interest rates from 4.25% to 4% following a closely contested vote, whilst simultaneously raising ...
Tag: Interest rate
Bank of England poised for first interest rate cut in over four years
The Bank of England is widely expected to cut interest rates on Thursday, marking a potential turning point in the ...
UK unemployment rise and wage slowdown fuel pressure for interest rate cut
Fresh data showing a rise in UK unemployment and a notable slowdown in wage growth has intensified calls for the ...
Bank of England poised to cut interest rates amid UK economic gloom
Growth forecasts likely to be downgraded, with rate-setting committee tipped to cut lending rate from 4.75% to 4.5% Bank of ...
Bank of Japan raises interest rates to highest in 17 years, yen jumps
The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis and revised ...
US Fed cuts interest rates, delivering relief for borrowers
The Federal Reserve cut interest rates by a quarter of a percentage point, delivering relief for borrowers at the central ...
Bank of Japan raises its key interest rate, aiming to curb the yen’s slide against the dollar
The Bank of Japan has raised its key interest rate to 0.25% from 0.1%, acting to curb the yen's slide ...
Inflation alarm from Jamie Dimon’s annual letter
A booming job market, softening inflation, robust growth -- the economy has performed well by just any measure but the chief executive of the ...
Inflation alarm, ‘extraordinary’ AI: 4 takeaways from Jamie Dimon’s annual letter
The CEO of the nation's largest bank said economic risks remain significant. A booming job market, softening inflation, robust growth -- the economy has ...
Federal Reserve expects to cut interest rates next year, Fed Chair Jerome Powell says
The forecast came after the Fed left interest rates unchanged on Wednesday. The Federal Reserve expects to begin cutting interest ...