The Reserve Bank of New Zealand cut interest rates by 50 basis points as expected. The UK CPI inflation rose in January, ...

In a potential setback for Rachel Reeves (pictured), official figures tare set to show inflation accelerated last month ...

The BoE's predictions follow its decision on Thursday to cut its main interest rate for the third time in six months. The ...

The Bank of England has cut interest rates by 0.25 per cent to 4.5 per cent but downgraded forecasts on growth ...

Most economists had already predicted the nine-member Monetary Policy Committee (MPC) would lower the bank's main interest ...

Most economists think the nine-member Monetary Policy Committee will lower the bank's main interest rate by a quarter of a ...

The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.

UK lowers interest rate to 4.5%, downgrades economic growth forecast to 0.75% Bank of England cuts rates amid worries of slow ...

For consumers, this means that their purchasing power could be eroded, making it more expensive to buy the same goods and ...

Bank of England policymaker Megan Greene on Wednesday advocated a cautious approach to cutting interest rates, and said it ...

At 4.5 per cent, the bank rate is well above most estimates of the so-called neutral rate, the point at which monetary policy is neither expansionary nor contractionary. Inflation is close to target, ...

Over half of firms contacted in the DMP survey expected to cut staff and 38% thought they would pay lower wages due to the ...