Global markets are hitting the brakes on their hopes for interest rate cuts as the US Federal Reserve grapples with stubborn ...
Today's inflation drop to 3.2 percent in March is another small step in the right direction, but we were all hoping for a bigger one. The real action will happen next month.
Bank of England Governor Andrew Bailey hinted that the UK might be able to lower interest rates before the US, saying ...
Major advanced economy central banks are likely to take back less than half of the interest-rate hikes they rammed through ...
ANOTHER three lenders are hiking their mortgage rates today in a huge blow to first-time buyers and those needing to ...
Rolling coverage of the latest economic and financial news ...
Inflation is accelerating. Read why the current policy stance may need to shift to rate hikes if inflation continues to rise.
Federal Reserve Chairman Jerome Powell explains the decision to leave the policy rate, federal funds rate, unchanged at the range of 5.25-5.5% and responds to questions in the post-meeting press ...
There are fears that interest rates could be hiked again as employment holds strong and inflation remains difficult to ...
Four lenders have today announced they are making mortgage price hikes this week amid uncertainty around interest rates.
Blue chips had a stellar morning as the FTSE 100 index soared to a new all-time high of 8.073. Though the index has come back ...