Powell is set to testify before the Senate Banking Committee on Tuesday at 10 a.m. Eastern and to the House Financial Services panel on the following day. Companies across the country are bleeding ...

Andrew Bailey says he is "following closely" whether Trump will change US support for the institutions.

The Bank of England has cut its main interest rats for the third time in six months as the British economy is struggling to ...

The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.

The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, ...

Asset managers and markets were not surprised by the Bank of England reducing interest rates to 4.5% from 4.75%, putting rates at their lowest point since June 2023.

Euro area bond yields increased as traders considered the impact of possible U.S. tariffs on ECB policy, alongside the Bank ...

Greater challenges await in future meetings when the BoE will be balancing the need to support an ailing economy without ...

The Bank of England on Thursday halved its forecast for UK economic growth this year, blaming global risks amid US tariff ...

If tariffs are announced, their effect on the global economy and inflation would need to be looked at, he told CNBC’s Steve ...

The Bank of England cut interest rates by a quarter percentage point on Thursday as the UK economic outlook darkens, ...