The US Federal Reserve pauses its aggressive rate-hiking campaign, signalling a potential turning point in the battle against inflation. We break down the impact on mortgages, savings, and the global economy.
JPMorgan Chase CEO Jamie Dimon has delivered a sobering assessment of the global economy, warning of a 'hard landing' and potential stagflation. The banking titan's comments signal turbulent times ahead for markets, interest rates, and government spending
Major Asian stock markets, including Tokyo's Nikkei and Hong Kong's Hang Seng, plunged sharply after US Federal Reserve signals dashed hopes for imminent interest rate cuts, mirroring a significant sell-off on Wall Street.
The latest US jobs report for August 2025 reveals a significant slowdown in hiring and a rise in unemployment, signalling a cooling labour market that could influence the Federal Reserve's next interest rate decision.
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.
Exclusive analysis of the US August jobs report reveals a significant hiring slowdown, with the economy adding just 130,000 jobs. Rising trade tariffs are cited as a key factor creating uncertainty and stifling growth.
A radical proposal from Donald Trump's allies seeks to strip the Federal Reserve of its independence, allowing the White House to demote Chair Jerome Powell and influence interest rates, a move that could shake global markets.
Exclusive: The Financial Conduct Authority has uncovered a major failure by UK banks to pass on interest rate rises to savers, disproportionately harming vulnerable and older customers. Discover the findings and what it means for your money.
A new report reveals the staggering cost of the Bank of England's quantitative easing programme, with taxpayers facing a bill of up to £200 billion, intensifying calls for a windfall tax on banks.
US Federal Reserve Governor Lisa Cook launches landmark lawsuit against former President Donald Trump, alleging unlawful termination and constitutional violations in a dramatic political clash.
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.
Former President Donald Trump signals a potential change at the Federal Reserve, suggesting he already has a candidate in mind to replace Governor Lisa Cook, whose term expires in early 2026.
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.
Federal Reserve Governor Michelle Bowman initiates landmark legal action against the Trump administration, challenging the President's authority to demote her in a dramatic escalation of tensions between US financial regulators and the White House.
Former President Donald Trump escalates his attack on Federal Reserve autonomy, announcing the dismissal of Governor Lisa Cook and signalling a radical shift in US economic policy should he win the November election.
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 move that sent shockwaves through global markets, former President Donald Trump has claimed he fired Federal Reserve Chair Jerome Powell. The explosive allegation, made on his Truth Social platform, threatens to upend the sacred independence of the w
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
Plan your year ahead! Here is the full, confirmed list of 2025 bank holidays for England, Wales, Scotland, and Northern Ireland, including key dates for your diary.
Federal Reserve Chair Jerome Powell tempers 2024 rate cut expectations, triggering a Wall Street sell-off. The tech-heavy Nasdaq plummets, led by a sharp decline in AI giant Nvidia, while the political sphere reacts to Donald Trump's primary victories.
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.
Asian shares and European futures fall sharply as investors await Fed Chair Jerome Powell's key Jackson Hole speech. Markets brace for hawkish tones on US interest rates, with the FTSE 100 set for a lower open. Live updates on global market reaction and a
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.
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.
Federal Reserve Chair Jerome Powell highlights economic uncertainties from Ukraine conflict and rising inflation, as global markets react nervously.
UK inflation falls to 3.4%, its lowest in over two years, easing pressure on the Bank of England. Experts weigh in on what this means for interest rates and household budgets.