The most recent news from Nigeria and across the world is available at The News Chronicle. The News Chronicle provides the ...
The PA news agency looks at the outcome of the Bank of England’s decision, and whether rates will fall again soon.
The pound regained some of its losses after the Bank of England cut interest rates and reduced its growth forecast, causing initial market volatility. Governor Andrew Bailey's reassurances partially ...
European markets are set to climb down from record highs when trading resumes on Friday, as corporate earnings, monetary ...
Hypersensitive currency swings to this week's "stop-go" U.S. tariff threats suggest a persistent offset to the new ...
Many economies seem to be settling into a lower-rate environment. That’s in stark contrast with the Federal Reserve, which has to deal with volatile policies.
Andrew Bailey says he is "following closely" whether Trump will change US support for the institutions.
The more President Donald Trump threatens tariffs on the U.S.'s trading partners, the more the worry of another inflation ...
The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate Thursday ...
The Bank of England on Thursday halved its forecast for UK economic growth this year, blaming global risks amid US tariff threats and deteriorating business confidence in the UK. In an expected ...
The base rate fell to 4.5 on Thursday, but the Bank halved the UK’s economic growth forecast for this year while predicting surging inflation.
Greater challenges await in future meetings when the BoE will be balancing the need to support an ailing economy without ...