Interest rates

Economy

UK inflation remains nearly double the target before BOE rate decision

Stubbornly high inflation has been one of the reasons why the Labour government's poll ratings have fallen sharply since it came to power in July 2024.

17/09/2025

Economy

Appeals court rejects Trump's bid to unseat Fed governor Lisa Cook

The White House campaign to unseat Cook marks an unprecedented bid to reshape the Fed’s seven-member governing board, which was designed to be largely independent from day-to-day politics.

16/09/2025

Economy

Senate approves White House’s Stephen Miran to serve on Fed board

The vote to confirm Stephen Miran was largely along party lines, 48-47.

16/09/2025

Economy

Why the Fed is likely to cut rates as economic uncertainty mounts

Caught between economic uncertainty and political pressure, the Federal Reserve will decide this week whether to begin cutting interest rates after nine months — and by how much.

15/09/2025

Economy

Trump renews push to fire Fed governor Lisa Cook ahead of key vote

Sunday’s filing is the latest step in an unprecedented effort by the White House to shape the historically independent Fed.

15/09/2025

Economy

Why is Lagarde holding rates? The economy is in a 'good place'

Lagarde says the eurozone economy is 'in a good place' as the ECB keeps its benchmark rate steady at 2.00%. With inflation near target and growth revised up, rate cuts are off the table, for now.

11/09/2025

Economy

European Central Bank leaves key deposit rate unchanged at 2%

As analysts widely expected, the European Central Bank kept its benchmark interest rate untouched on Thursday. This comes as the eurozone economy shows signs of resilience and inflation remains close to the ECB’s 2% target.

11/09/2025

Economy

Poland cuts key interest rate by a quarter point as inflation eases

The country’s annual inflation rate cooled to 2.8% in August, following a peak of over 18% in 2023.

03/09/2025

Economy

Eurozone inflation tops estimates in August: Is the ECB watching?

Eurozone inflation edged up to 2.1% in August, slightly above expectations but still near the ECB's target. Core inflation stayed at 2.3%.

02/09/2025

Economy

Fed independence ‘hangs by a thread’ as Trump moves to oust Lisa Cook

Efforts to oust Federal Reserve board member Lisa Cook and install allies could erode the bank’s autonomy, with consequences for inflation, market confidence and everyday borrowing.

01/09/2025

Economy

Fed Governor Lisa Cook sues Trump over move to fire her

The case could become a turning point for the 112-year-old Federal Reserve, which was designed by Congress to be insulated from day-to-day political influence.

29/08/2025

Markets

Markets rally as Fed Chair Powell signals Fed may soon cut rates

'Shifting risk balance may warrant policy adjustment,' said Jerome Powell in Jackson Hole, at the central bankers' annual meeting, hinting that the Fed may soon cut rates, even as inflation risks remain.

22/08/2025

Economy

Will Powell hint at a rate cut? All eyes on Jackson Hole speech

Markets await Jerome Powell’s Jackson Hole speech for clues on rates. With inflation high and jobs weakening, the Fed faces pressure. Powell may leave a September rate cut on the table, but the trajectory isn't guaranteed.

22/08/2025

Economy

Fed official says she won't be 'bullied' by Trump into resigning

US president Donald Trump is seeking to influence central bank policy after repeatedly criticising chair Jerome Powell for not cutting the short-term interest rate.

21/08/2025

Economy

UK job vacancies fall at a slower pace while wage growth holds steady

Payrolled employment decreased by 8,000 in July compared with June, the smallest decline since a modest rise in January.

12/08/2025

Economy

Trump picks top economic aide Stephen Miran for Federal Reserve board

Miran will take the spot vacated by Adriana Kugler if his appointment is approved by the Senate.

08/08/2025

Economy

Bank of England cuts its main interest rate by a quarter point to 4%

The rate cut is the bank’s fifth since last August, when policymakers began to lower borrowing costs from a 16-year high of 5.25%.

07/08/2025

Economy

Trump narrows Fed chair shortlist, excluding Treasury Secretary

Trump said in an interview with CNBC that he had removed Treasury Secretary Scott Bessent from consideration for Fed chair because Bessent wanted to remain in his current role.

06/08/2025

Economy

Fed's Powell leaves interest rates unchanged despite Trump demands

The Fed left its key short-term interest rate unchanged for the fifth time this year, at about 4.3%, as was expected.

31/07/2025

Economy

Watch Fed Chair Jerome Powell react to US President Donald Trump

The Federal Reserve Chair and the US President got into a disagreement over costs at a tour of the Fed’s office building renovation in Washington on Thursday.

25/07/2025