The November UK inflation report pointed to price pressures having remained persistent last month, killing stone dead the slim chance of any Bank of England (BoE)...
UK wage rises remained buoyant in the August to October period with annual growth in employees’ average regular earnings, including and excluding bonuses, coming in at...
The main ECB refinancing rate also fell by 0.25% to 3.15% and core inflation is expected to come in at 2.4% in 2024, falling to 1.9%...
The Euro is rising against the Dollar on Thursday by 0.25% after a four-day losing streak while still remaining slightly close to its lowest levels in...
Annual inflation rose to 2.7%, from 2.6% in October and US MoM inflation rose to 0.3% from 0.2% October, the highest rate since April. Annual core...
Catherine Mann, an economist and member of the Bank’s Monetary Policy Committee (MPC), has said that the Bank of England will “move big” over cutting interest...
With Donald Trump wining the US presidential election, the Bank of England lowering interest rates remains uncertain. The Banks chief economist Huw Pill said further rate...
The Bank of England’s decision to cut the benchmark interest rate to 4.75% on Thursday is a welcome step, but businesses and consumers must adjust to...
The Federal Reserve of the United States concludes its penultimate meeting of the year on Thursday which was delayed due to the presidential elections in the...
Rates cut by 0.25% to 4.75%, MPC voted 8-1 to cut rates, with the dissenter preferring to leave cuts unchanged at 5%. Inflation is expected to increase to around...
As expected, the BoE cut rates by a quarter of a percentage point to 4.75%. Earlier in the year the markets were predicting a number of...
This week, the Bank of England is widely expected to cut interest rates again, marking its second reduction since August. With rates likely to drop by...