News

BoE cuts rates, surprise vote split sends pound, yields higher
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Bank of England Cuts Rates After Fed Stands Pat
The Bank of England cut rates, highlighting a growing gap in how global central banks and the Federal Reserve are approaching ...
Bank of England cuts rates to 4.25% as it sees tariff hit to growth
The Bank of England cut interest rates on Thursday to tackle the expected hit from U.S. President Donald Trump's tariffs but ...
Text of Fed's May Monetary Policy Statement
For release at 2:00 p.m. EDT May 7, 2025 Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace. The ...
Bank of England Cuts Rates in Split Decision Before US Tariff Deal
Thursday's decision was the British central bank's first since Trump announced wide-ranging tariffs on April 2, which ...
Federal Reserve Meeting Live: Chair Jerome Powell Says There's Still Room For Patience
Federal Reserve Chair Jerome Powell reiterated the need for a wait-and-see approach during a press conference following the ...
The Bank of England is expected to cut interest rates in the face of US tariffs threat
The Bank of England is widely expected to cut interest rates on Thursday as a result of the potential shock to growth ...
Business Recorder2d
100bps cut in policy rate
EDITORIAL: On 5 May the Monetary Policy Committee (MPC) decided to reduce the discount rate by 100 basis points ...
Fed Doesn’t Cut Interest Rates Again—Despite Trump’s Demands—As It Warns Of Higher Unemployment Risk
The Fed is in a “good place to wait and see” before moving on interest rates, Powell said Wednesday. “We don't think we need ...