ECB President Mario Draghi admitted the eurozone recovery has slowed and kept record low interest rates unchanged
Lira rallies at the end of the day after falling five percent
Consumer price inflation in Britain is now three percent which is close to its highest level for six years.
The Bank of England has revised its forecasts for the UK, saying that it now hoped that interest rates could rise faster than previously predicted
Missed inflation target means ECB unlikely to change cheap money policy soon.
The Bank of England keeps interest rates on hold as real wages fall and consumers suffer biggest loss of spending power in 40 years.
Bank of England raises interest rate to 0.5 per cent in the first hike in a decade
ECB to cut its massive bond-buying programme
Interest rates in the UK have again been kept at their record low level of 0.25 percent
The European Central Bank has left its benchmark refinancing rate unchanged at 0 percent.
The Bank of England has ordered British banks to build up billions in cash reserves.
It says capital buffers will need to be raised by nearly 13
Global markets are watching closely as the US Federal Reserve meets on Tuesday and Wednesday, amid widespread speculation that it’s to raise its
There was a sharp rebound in job growth in the United States in April as employers hired 211,000 new workers.The unemployment rate slid to 4.4%.
Economists do not expect the Federal Reserve to raise the benchmark interest rate on Wednesday at the end of its two-day policy meeting.
More positive news for the US economy with March proving to be a bumper month for jobs.
Russian interest rates have fallen to 9.5% on the back of better inflation data.
Federal Reserve policymakers have started a two-day meeting which is almost certain to produce an increase in the cost of borrowing in the US.
The US central bank is previewing interest rate rises, with Fed Chair Janet Yellen warning it is "unwise" to wait too long.
Business Line reviews some of 2016's main economic changes and the responses of the Federal Reserve, the European Central Bank and Bank of England.
Better than expected GDP and Income data from US suggest Federal Reserve will raise interest rates in December.
German consumption in rude health
The US dollar has been boosted by Donald Trump's election victory and spending plans, and political and economic worries in Europe, Britain and Japan.
Fed Chair Janet Yellen says Donald Trump's election has done nothing to change the Federal Reserve's plans for a rate increase "relatively soon".
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.
As expected, the Federal Reserve has kept interest rates unchanged and reinforced expectations for higher borrowing costs in December.
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.