Powell's testimony to US Congress last week emphasized that the central bank is not rushing to lower interest rates.

Having worked so hard to slay the dragon of acute inflation, why is the MPC now seemingly turning a blind eye?

Last week the rate was cut from 4.75% to 4.5% with the prevailing wisdom suggesting that the threat of a return to higher ...

Catherine Mann has said her decision to vote last week for a larger rate cut than most fellow members of the Bank of ...

Over the last two trading sessions, the GBP/USD currency pair relinquished most of its upward rebound gains, reaching the resistance lev ...

The meeting of the Monetary Policy Committee (MPC) headed by the new RBI Governor Sanjay Malhotra was scheduled from February 5 to 7 and the credit policy decision was announced today. This is the ...

Rachel Reeves has suffered another blow in her bid to boost tepid economic growth after the Bank of England played down the idea of a big interest rate cut later this year. At such a critical moment ...

RBI MPC meeting announcements: Governor Sanjay Malhotra, in his first policy review, estimated India’s GDP growth rate for the FY26 to be 6.7. Governor Malhotra said Q1 is expected to be at 6.7 ...

The move, backed by seven out of nine monetary policy committee members, marks the central bank’s return to monetary easing as policymakers respond to sluggish economic growth. This decision was ...

The PA news agency looks at the outcome of the Bank of England’s decision, and whether rates will fall again soon.

The Bank of England cut interest rates for the third time in six months, taking the base rate to 4.5% - here's what it means ...