Huw Pill called an expected rise in inflation this summer an ‘upward blip’ and said it would probably not affect everyday ...
The most recent news from Nigeria and across the world is available at The News Chronicle. The News Chronicle provides the ...
The pound regained some ground on Friday after dropping on Thursday when the Bank of England cut interest rates and halved ...
European markets are set to climb down from record highs when trading resumes on Friday, as corporate earnings, monetary policy and key U.S. jobs data remain in focus.
It is unclear what exactly Trump's tariffs are truly designed to achieve. Trump's nominee for U.S. trade representative, ...
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 ...
Obviously we are very supportive of measures that raise growth in the long term,” said Bank of England rate-setter Clare ...
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.