BREAKING NEWS

Interest rates

Business

US Q3 GDP growth beats estimates

Better than expected GDP and Income data from US suggest Federal Reserve will raise interest rates in December.

Better than expected GDP and Income data from US suggest Federal Reserve will raise interest rates in December.

Business

Bank of England drops planned UK interest rate cut

The Bank of England has scrapped plans to cut UK interest rates and took a neutral stance as it raised its forecasts for growth and inflation in 2017.

The Bank of England has scrapped plans to cut UK interest rates and took a neutral stance as it raised its forecasts for growth and inflation in 2017.

Business

Federal Reserve keeps borrowing costs unchanged

As expected, the Federal Reserve has kept interest rates unchanged and reinforced expectations for higher borrowing costs in December.

As expected, the Federal Reserve has kept interest rates unchanged and reinforced expectations for higher borrowing costs in December.

Business

Nothing new from European Central Bank despite weak growth forecasts

The European Central Bank has decided it does not need to do anything more right now to stimulate the eurozone economy despite continued weak growth forecasts.

The European Central Bank has decided it does not need to do anything more right now to stimulate the eurozone economy despite continued weak growth forecasts.

Business

No new eurozone stimulus measures from the ECB for now

There was no fresh stimulus from the European Central Bank at its latest policy meeting in the face of high unemployment, weak growth and the threat of deflation in the…

There was no fresh stimulus from the European Central Bank at its latest policy meeting in the face of high unemployment, weak growth and the threat of deflation in the…

Business

US job growth slows in August

US employment growth slowed more than expected in August to 151,000, probably ruling out an interest rate hike by the Federal Reserve this month.

US employment growth slowed more than expected in August to 151,000, probably ruling out an interest rate hike by the Federal Reserve this month.

News

Bank of England fights Brexit vote slowdown with stimulus

Britain's central bank has unveiled a series of stimulus measures to help protect the economy from the effects of the vote to leave the European Union.

Britain's central bank has unveiled a series of stimulus measures to help protect the economy from the effects of the vote to leave the European Union.

Business

Shares rise, pound drops on UK stimulus measures

UK finance minister Philip Hammond has welcomed the stimulus measures announced by the Bank of England; in reaction London's FTSE 100 share index rose and the pound fell in value.

UK finance minister Philip Hammond has welcomed the stimulus measures announced by the Bank of England; in reaction London's FTSE 100 share index rose and the pound fell in value.

Business

Russian key interest rate unchanged

Russia's central bank has kept it key interest rate unchanged at 10.5 percent even as inflation falls.

Russia's central bank has kept it key interest rate unchanged at 10.5 percent even as inflation falls.

Business

Bank of England surprises investors with no change to UK interest rates

The Bank of England has left the cost of borrowing unchanged in Britain - for now - which pushed down share prices in London and boosted the pound against the dollar and the euro.

The Bank of England has left the cost of borrowing unchanged in Britain - for now - which pushed down share prices in London and boosted the pound against the dollar and the euro.

Business

Fed due to call on interest rate hike

The Federal Reserve is deep in a policy meeting and it is extremely unlikely that an interest rate rise is on the cards.

The Federal Reserve is deep in a policy meeting and it is extremely unlikely that an interest rate rise is on the cards.

Business

Standard and Poor's interest rate warning

Standard and Poor's has warned that as borrowing costs go up some countries could see their credit ratings cut or outlooks lowered, with the most pronounced problem in the eurozone.

Standard and Poor's has warned that as borrowing costs go up some countries could see their credit ratings cut or outlooks lowered, with the most pronounced problem in the eurozone.

Business

ECB's Draghi defends low rates policy against German complaints

ECB head Mario Draghi has defended low interest rates following complaints from German officials, including Finance Minister Wolfgang Schauble, that they are hurting savers.

ECB head Mario Draghi has defended low interest rates following complaints from German officials, including Finance Minister Wolfgang Schauble, that they are hurting savers.

Business

US Federal Reserve keeps interest rates unchanged

The US Federal Reserve kept interest rates unchanged on Wednesday (April 27). However it left the door open to a hike in June by signalling

The US Federal Reserve kept interest rates unchanged on Wednesday (April 27). However it left the door open to a hike in June by signalling

Business

No interest rate change expected from Federal Reserve policy meeting

Federal Reserve policymakers are expected to leave the cost of borrowing unchanged in the face of disappointing word on durable goods orders and consumer confidence.

Federal Reserve policymakers are expected to leave the cost of borrowing unchanged in the face of disappointing word on durable goods orders and consumer confidence.

Business

ECB stimulus plans fail to boost financial markets

European shares enjoyed only a brief bounce on Thursday before investors focused on Mario Draghi's statement that interest rates will only be cut again in the most extreme of circumstances.

European shares enjoyed only a brief bounce on Thursday before investors focused on Mario Draghi's statement that interest rates will only be cut again in the most extreme of circumstances.

Business

UK jobless rate unchanged, wage growth slows

Unemployment in the UK fell by 60,000 in the final three months of 2015, but despite the strong labour market wage growth slowed.

Unemployment in the UK fell by 60,000 in the final three months of 2015, but despite the strong labour market wage growth slowed.

News

US Federal Reserve raises interest rates for first time since 2006

It has been described as the most important Federal Reserve decision for a generation. As expected, the US central bank has decided to raise interest

It has been described as the most important Federal Reserve decision for a generation. As expected, the US central bank has decided to raise interest

News

Why a Federal Reserve interest rate hike matters

The Federal Reserve, the US central bank, is poised to announce it will raise interest rates for the first time since 2006. This announcement is seen

The Federal Reserve, the US central bank, is poised to announce it will raise interest rates for the first time since 2006. This announcement is seen

Business

Inflation data boosts Federal Reserve rate rise expectations

The Federal Reserve’s two-day meeting to set interest rates that could see the first rise since before the financial crisis ends on Wednesday. An

The Federal Reserve’s two-day meeting to set interest rates that could see the first rise since before the financial crisis ends on Wednesday. An