Megan Greene said it is unlikely inflation persistence will ‘fade on its own accord’, and said policymakers should be ...

Britain is set for solid growth and falling inflation this year but the Bank of England has little scope to cut interest rates further, the NIESR think tank predicted on Wednesday in a relatively ...

CFPB's operations were suspended which is likely to provide relief to many financial companies currently facing enforcement ...

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.

Stock markets mostly rose Thursday on easing trade tensions and some strong company earnings, with London and Frankfurt ...

Stock markets rose Thursday on easing trade tensions and some strong company earnings, with London hitting a record high.

The Bank voted to reduce the cost of borrowing on Thursday, but slashed its growth forecasts for the UK economy.

In the dramatic few years that followed the Covid lockdowns, the Bank increased interest rates 14 times in an effort to ...

The UK’s base interest rate is expected to fall to its lowest point in more than 18 months, providing a welcome boost for ...

Stock markets rose Thursday on easing trade tensions and thanks to some strong company earnings, analysts said.

The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though ...

The Bank of England was widely expected to cut its key interest rate on Thursday to help support weak British growth even if ...