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European Central Bank cuts rates, Lagarde flags downside risks to inflation outlook

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12 September 2024, Hesse, Frankfurt/Main: Christine Lagarde, President of the European Central Bank (ECB), speaks at the press conference after the Governing Council meeting...
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Sterling plunges 1% against dollar after Bank of England governor’s comments on rate policy

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Andrew Bailey, Governor of the Bank of England, gestures as he addresses the media during a press conference at the Bank of England in...
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Bank of England presses pause on rate cuts, highlights ‘gradual approach’

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Commuters cycles past the Bank of England (BOE), left, in the City of London, UK, on Monday, Sept. 16, 2024. The central bank's Monetary...
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It’s a big week for central banks around the world, with a slew of rate moves on the table

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Federal Reserve Chair Jerome Powell announces interest rates will remain unchanged during a news conference at the Federal Reserves' William McChesney Martin Building in...
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Bank of England’s Bailey: ‘More restrictive policy’ could still be needed due to labor market shocks

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Andrew Bailey, governor of the Bank of England, waits to deliver a lecture at the London School of Economics in London, UK, on Tuesday,...
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Fed Chair Powell indicates interest rate cuts ahead: ‘The time has come for policy to adjust’

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Federal Reserve Chair Jerome Powell laid the groundwork Friday for interest rate cuts ahead, though he declined to provide exact indications on timing or...
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Here’s everything to expect from Fed Chair Powell’s speech Friday in Jackson Hole

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U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy...
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The popular ‘carry trade’ is unwinding — and economists fear Fed rate cuts could make matters worse

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Pedestrians walk past a currency exchange shop in central Tokyo on April 17, 2024.Richard A. Brooks | Afp | Getty ImagesRapid interest rate cuts...
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UK lenders slash mortgages as Bank of England rate cut brings relief to homeowners

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A row of traditional houses on a street in London's Muswell Hill suburb, located to the north of London, with views of the Canary...
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Bank of England to make knife-edge call on interest rates as markets favor cut: Live updates

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UK rate decision 'going to be close', Goldman Sachs saysGoldman Sachs' chief European economist said Thursday that the Bank of England's monetary policy decision...
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Fed holds rates steady and notes progress on inflation

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WASHINGTON – Federal Reserve officials on Wednesday held short-term interest rates steady but indicated that inflation is getting closer to its target, which could...
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Bank of England’s rate cut is on a knife-edge even with inflation on target

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The Bank of England in the City of London.Mike Kemp | In Pictures | Getty ImagesLONDON — Inflation in the U.K. may have come...
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