63 h. ago Japanese stocks soar and yen tumbles after Takaichi wins ruling party leadership

Investors expect more fiscal spending and pressure on central bank to keep interest rates low

Politics

67 h. ago Japanese stocks soar and yen tumbles after Takaichi wins ruling party race

Investors expect more fiscal spending and pressure on central bank to keep interest rates low

Politics

3 d. ago Japan stocks soar and yen weakens after Takaichi wins race to lead ruling party

Investors expect more fiscal spending and pressure on central bank to keep interest rates low

Politics

8 d. ago Keeping rates high for too long ‘could pull inflation below target’

The Bank of England’s Sarah Breeden warned that economic output could also be affected.

Economics

2 w. ago Bank of England slows pace of bond rundown and keeps rates on hold

Bank of England slows pace of bond rundown and keeps rates on hold  Reuters

Politics

2 w. ago Interest rates held at 4% as UK ‘not out of woods’ on inflation

The Bank of England’s Monetary Policy Committee voted to keep rates unchanged, following a 0.25 percentage point cut in August.

Economics

2 w. ago BoE poised to dash Brits' hopes of interest rate cut TODAY as surging food prices spark alarm about inflation

The Monetary Policy Committee is expected to keep the base rate at 4 per cent when the latest decision is announced at noon.

Economics

2 w. ago Will mortgage rates drop further after the Fed's rate cut? Not necessarily

The Federal Reserve just cut its benchmark rate for the first time since last year, but that doesn't guarantee mortgage rates will keep dropping

Politics

3 w. ago UK interest rates set to be held at 4% as inflation ‘uncomfortably high’

Most economists are expecting the Bank of England to keep rates unchanged on Thursday.

Economics

3 w. ago UK overall inflation remains at 3.8% in August, but food price growth climbs for fifth month in a row

Food prices rise at fastest rate since January 2024 with vegetables, milk, cheese and fish going up; Bank of England expected to keep interest rates on hold on ThursdayAt 3.8%, the latest UK inflation data certainly isn’t welcome news for the Bank of England ahead of its decision on Thursday, where it’s widely expected to leave rates on hold, said James Smith, developed markets UK economist at ING.Yet the latest data doesn’t dramatically move the needle one way or another on the prospect of a further rate cut later this year.Inflation is more or less at a peak, though it’s likely to stay in the 3.5-4% area for the rest of this year.However, we think there is still scope for services inflation to undershoot the Bank’s forecasts further in the next release for September. And more broadly, we are seeing a significant easing in rental growth, which is set to be a significant source of service sector disinflation over the coming months.If we’re right about that, it would tip the balance ...

Economics

3 w. ago European Central Bank expected to keep rates on hold as economy weathers Trump's tariffs

Inflation is back under control, and the European economy is weathering Trump’s tariff onslaught better than expected

Economics