The dollar firmed on Tuesday after U.S. President Donald Trump moved to substantially raise tariffs on steel and aluminium ...

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, ...

It’s a two-track economy, in short. That fits with the fact that, of the five restaurants in the chart above, Taco Bell is ...

Mann: Yes, cut through the noise. If you read the majority paragraph in the last MPC minutes, there is a one line in the ...

Interest rates are one of the things Wall Street cares most about because lower rates can lead to higher prices for stocks ...

Fed chair gave senators little fresh guidance on rate path, but sought to clarify Fed’s relationship with Trump ...

The Bank of England looks set to cut interest rates on Thursday for only the third time since just after the start of the ...

Federal Reserve chair Jay Powell is quizzed by members of Congress about interest rates, the outlook for the economy and the ...

Donald Trump faced a backlash from business groups and some in his own Republican party after kicking off a trade war by imposing steep tariffs on the US’s three largest trading partners.

The BoE’s forecasts suggest it will only cut rates two more times over the next three years on the back of higher inflation and weaker underlying growth capacity. The 7-to-2 vote to cut rates with a ...

Global investors had time to prepare for Donald Trump’s tariffs but swift market reversals are keeping them on edge ...

The rationale for the bank’s doves may be to frontload cuts — the UK still has some of the highest rates globally — before the rise in inflation makes it prohibitive. This was the market’s ...