A second cut in rates in November will most likely be followed by three quarter-point cuts in 2025. Inflation data released ...

Catherine Mann, a member of the Bank’s rate-setting committee, raised concerns over inflation staying at its 2% target level.

The Pound New Zealand Dollar (GBP/NZD) exchange rate trended broadly higher last week as the Bank of England (BoE) kept interest rates on hold. Elsewhere, the New Zealand Dollar (NZD) was able to ...

LONDON: Sterling edged up against the dollar and the euro on Friday, as strong UK retail sale data provided an ...

Optimism among consumers — whose activity accounts for about two-thirds of the US economy — has been a mainstay of economic ...

However, the analysts said: “Given our own forecast that CPI inflation will rise back to 2.9pc by January next year (perhaps ...

In June, the FOMC only forecast one quarter-point cut by year end. That was blown away just a few months later, and now the ...

A Bank of England policymaker has called for interest rates to remain higher for longer to tackle inflation risks in the UK ...

Inflationary dynamics appear to be "embedded" in the economy, according to a Bank of England rate-setter, who advised a ...

Workers’ demands for big pay rises risk prolonging the inflation crisis and forcing the Bank of England to keep interest ...

"Structural behaviours in UK labour and product markets appear to have systematically embedded inflation," she said in a ...

Sterling rose against the dollar and euro on Friday, buoyed by strong UK retail sales data and steady inflation. The pound ...