Bank of England Holds Rates at 5.25%, Accelerates QT
The Bank of England maintains interest rates at 5.25% while accelerating its quantitative tightening programme. Governor Andrew Bailey signals cautious approach amid economic uncertainty.
The Bank of England maintains interest rates at 5.25% while accelerating its quantitative tightening programme. Governor Andrew Bailey signals cautious approach amid economic uncertainty.
The Bank of England's Monetary Policy Committee votes 7-2 to maintain current interest rates. Discover the immediate impact on mortgages, savings, and the UK housing market amidst ongoing inflation concerns.
Exclusive: Federal Reserve officials reveal plans to slow balance sheet reduction in strategic move to stabilise markets and address persistent inflation concerns.
Federal Reserve Chair Jerome Powell delivers a hawkish message, indicating that interest rate cuts are unlikely to begin in March, contrary to investor expectations. The central bank seeks more confidence that inflation is truly defeated.
Federal Reserve Chair Jerome Powell delivers sobering testimony, indicating prolonged high interest rates as inflation proves more persistent than anticipated, sending ripples through global markets.
The European Central Bank maintains its record-high interest rates despite slowing inflation. Discover the latest economic data, market reactions, and what this means for the Eurozone's financial future.
The Bank of England's Monetary Policy Committee votes 7-2 to maintain the base rate at a 16-year high of 5.25%, offering a cautious reprieve for borrowers while continuing its fight against persistent inflation.
Federal Reserve Governor Lisa Cook is hit with a lawsuit by Donald Trump, alleging constitutional violations over her continued tenure. This explosive legal move threatens a major clash between US political and financial institutions.
Donald Trump launches a blistering attack on Federal Reserve Chair Jerome Powell, accusing him of political bias and hinting at drastic action if re-elected. The former president also took aim at JD Vance and Hyundai in a wide-ranging economic tirade.
Bank of England Governor Andrew Bailey expresses grave concerns about Donald Trump's potential influence on the US Federal Reserve's independence, warning of significant global economic implications.
As Donald Trump threatens to undermine Federal Reserve independence, The Guardian examines why accountability, not just autonomy, is crucial for economic stability. A deep dive into the looming constitutional crisis.
A major economic think tank, IPPR, has launched a scathing report demanding a radical overhaul of the Bank of England's mandate. The proposed reforms aim to prioritise economic growth, green investment, and regional equality, challenging the Bank's curren
Former PM Liz Truss has endorsed Donald Trump's criticism of the US Federal Reserve, warning that central banks globally face a 'reckoning' for their monetary policies and political overreach.
An in-depth look at the life and career of Dr Lisa Cook, the pioneering economist making history at the Federal Reserve. Discover her journey from academic excellence to shaping global economic policy.
In a bold intervention, former President Donald Trump has pledged to prevent the reappointment of Federal Reserve Governor Lisa Cook if he wins the November election, signalling a potential shake-up for US economic policy.
President Trump's shock dismissal of Federal Reserve Governor Lisa Cook triggers global market selloff, dollar collapse, and fears of constitutional crisis. Live updates on economic fallout.
In a dramatic escalation of his battle with the US central bank, President Trump has fired Federal Reserve Governor Lisa Cook. The shocking move, citing a 'failure to align with national economic interests,' sends the strongest signal yet of Trump's inten
Former President Donald Trump has issued a thinly-veiled threat to Federal Reserve Chair Jerome Powell, suggesting he would not be reappointed if Trump wins the 2024 election, citing his own expertise in selecting 'good chairmen'.
Exclusive analysis reveals how Trump's unprecedented public pressure on the Federal Reserve threatens its independence, as markets anticipate aggressive rate cuts amid political tensions.
Federal Reserve Chair Jerome Powell signals prolonged elevated interest rates at Jackson Hole symposium, sending shockwaves through global markets as inflation battle continues.
Federal Reserve Chair Jerome Powell holds interest rates at a 23-year high, projecting a more cautious single cut in 2024 as US inflation proves persistent. Markets react to the hawkish stance.
Exclusive reports reveal the Trump administration is actively exploring legal avenues to exert unprecedented influence over the Federal Reserve's interest rate decisions, sparking fears of political interference in the US economy.
Federal Reserve Chair Jerome Powell signals prolonged high interest rates at Jackson Hole, triggering sharp sell-offs in US and Asian markets as inflation fight continues.
UK inflation unexpectedly jumped to 2.3% in July, dashing hopes for an August interest rate cut. Soaring air fares and rising clothing costs are blamed, putting the Bank of England's next move under intense scrutiny.
Exclusive: Scott Bessent, a key Trump ally and hedge fund billionaire, emerges as the frontrunner to replace Jerome Powell as Federal Reserve Chair, signalling a potential dramatic shift in US monetary policy.
The Reserve Bank of Australia (RBA) has announced a cut in interest rates as inflation shows signs of easing. Governor Michele Bullock outlines the economic outlook.
Australia's relentless focus on interest rates may be overshadowing critical economic reforms needed to boost productivity and long-term growth.
Stephen Miran, a Trump-era appointee, is under fire for his controversial influence on Federal Reserve policies, sparking debates over political interference in central banking.
The Bank of England's Monetary Policy Committee has voted to keep interest rates unchanged at 5.25%, as inflation remains stubbornly high. Governor Andrew Bailey signals caution despite economic pressures.
The Bank of England has kept interest rates unchanged at 5.25% for the sixth consecutive time, as policymakers weigh persistent inflation against economic growth risks.