4 h. ago FTSE 100 Live 02 September: Gold price at record level, index struggles

The price of gold today set a new all-time high, fuelled by bets on US interest rate cuts.

Politics

5 h. ago FTSE 100 Live 02 September: Gold price at record level, index opens lower

The price of gold today set a new all-time high, fuelled by bets on US interest rate cuts.

Politics

4 d. ago Fed official says he could back jumbo rate cut if US economy weakens sharply

Central bank governor says August jobs report will be pivotal in setting direction of monetary policy

Politics

8 d. ago Asian shares track Wall Street's rally after Powell hints at rate cuts

Asian shares have tracked Wall Street's rally after the head of the Federal Reserve hinted that cuts to interest rates may be on the way

Politics

1 week ago Trump gives meandering answer about the Fed after Powell hints at rate cut the president has long wanted

The Federal Reserve chairman’s remarks come as Trump has long demanded an interest rate cuts

Politics

1 week ago Powell says ‘shifting’ economic risks strengthen case for Fed rate cut

Central bank chair warns of ‘challenging situation’ with tariffs pushing up inflation and jobs market cooling

Economics

1 week ago Fed chair Jerome Powell signals interest rate cuts amid Trump attacks

Jerome Powell – who Trump has urged to resign – addressed ‘challenging’ dichotomy of economic risks, including tariffsThe Federal Reserve is gearing up to resume cuts to interest rates, its chair, Jerome Powell has signaled, as he warned Donald Trump’s tariffs and immigration crackdown had roiled the global economy and hit the US workforce.For months, Powell has ignored demands from the president to cut interest rates and defied the US president’s calls to resign. But as Trump ramps up his extraordinary attack on the Fed’s independence, Powell suggested on Friday that Fed officials are considering a rate cut. Continue reading...

Politics

1 week ago US Fed’s Powell signals possible rate cut in Jackson Hole speech – business live

Chair of the Federal Reserve says US economy is facing ‘challenging situation’ as inflation risks persist and job market coolsUnions are raising concerns about the threat of TikTok layoffs, warning it would put millions of British TikTok users at risk.John Chadfield of the Communication Workers Union (CWU) said:TikTok workers have long been sounding the alarm over the real-world costs of cutting human moderation teams in favour of hastily developed, immature AI alternatives.This has been a constant concern throughout the process of TikTok workers’ effort to form a union. Continue reading...

Politics

1 week ago Powell says ‘shifting’ economic risks heighten case for Fed rate cut

Central bank chair warns of ‘challenging situation’ with tariffs pushing up inflation and jobs market cooling

Economics

1 week ago National intelligence director strips security clearances from 37 current and former national security officials – US politics live

Tulsi Gabbard accuses officials, some of whom worked on intelligence community’s assessment of Russian interference in 2016 election, of ‘politicizing intelligence’President Donald Trump said on Tuesday that Federal Reserve Chair Jerome Powell is “hurting” the housing industry “very badly” and repeated his call for a big cut to US interest rates.“Could somebody please inform Jerome “Too Late” Powell that he is hurting the Housing Industry, very badly? People can’t get a Mortgage because of him. There is no Inflation, and every sign is pointing to a major Rate Cut,” Trump wrote on Truth Social. Continue reading...

Politics

1 week ago UK inflation rises by more than expected to 3.8% amid higher food prices

Annual July rate all but rules out possibility of a further Bank of England interest rate cut this yearBusiness live – latest updatesInflation rose again last month, to a higher than expected 3.8%, amid higher food and fuel prices, adding to fears that the Bank of England will delay further interest rate cuts.Figures showed the annual rate as measured by the consumer price index (CPI) climbed from June’s 3.6% reading, sitting above the central bank’s 2% target for the 10th consecutive month. Continue reading...

Economics

2 w. ago UK consumers risk inflation hit to savings for first time in two years

Banks slash interest rates paid to customers in response to base rate cuts; inflation forecast to peak at 4%

Economics

2 w. ago Top Fed official signals uncertainty over September rate cut

Hawkish tone from Austan Goolsbee contrasts with market expectations for reduction next month

Politics

2 w. ago Asian shares charge higher after US stocks rally to records on hopes for interest rate cuts

Shares have advanced in Asia after the U.S. stock market rallied to records when data showed inflation across the United States improved slightly last month

Politics

3 w. ago I'm shocked by the sneaky trick the banks are pulling... you must act NOW to rescue your hard

Savings providers were quick off the mark to cut interest rates following last week's Bank of England base rate cut from 4.25pc to 4pc. Within hours of the announcement, top rates disappeared.

Events

3 w. ago Australia's central bank cuts interest rate for third time this year to 3.6%

Australia’s central bank has reduced its benchmark interest rate by a quarter percentage point for a third time this year to 3.6%, with inflation tamed and economic growth stalling

Politics

3 w. ago A top Federal Reserve official says dour jobs data backs the case for 3 rate cuts

A top official at the Federal Reserve is saying that this month’s stunning, weaker-than-expected report on the U.S. job market is strengthening her belief that interest rates should be lower

Politics

3 w. ago Pace of UK interest rate cuts more uncertain, says BoE chief economist

Comments by Huw Pill come after narrow MPC vote this week

Politics

3 w. ago Risk of ‘persistent inflation’ could affect rate cuts, says Bank economist

Huw Pill, chief economist at the Bank of England, stressed there has been ‘progress’ in bringing inflation down in recent months.

Economics

3 w. ago Bank of England rate: mortgage relief as Bank of England cuts rate to 4%

Homeowners could see welcome savings on repayments, but savers may need to act fast 📉

Economics