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, ...

The Pound Sterling trades higher against the US Dollar (USD) around 1.2390 in Tuesday’s North American session. The GBP/USD ...

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

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

Storyline: The British central bank announced on Thursday that it would cut the interest rate from 4.75 percent to 4.5 ...

(Reuters) - The Federal Reserve's latest Monetary Policy Report describes the U.S. economy as being in a solid position amid a monetary policy stance that will be driven by incoming economic data. The ...

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

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...

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