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Economy

Russian key interest rate unchanged

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

Economy

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.

Economy

Bank of England surprises by keeping interest rates unchanged

Keeping their powder dry the Bank of England's policymakers have left the cost of borrowing unchanged in Britain - for now.

Economy

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.

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Economy

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.

Economy

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.

USA

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

Economy

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.

Economy

ECB pledges low borrowing costs 'as long as needed' but no helicopter money

European Central Bank President Mario Draghi has vowed to use all the tools at his disposal for "as long as needed" to return the eurozone economy to growth.

Economy

ECB leaves rates unchanged despite German criticism

The European Central Bank has kept borrowing costs at record low levels despite German criticism of the stimulus moves.

Economy

No change in Fed interest rate, half point rise expected by year's end

The US Federal reserve has left interest rates unchanged, but says that moderate growth and what it called “strong job gains” means it will be able

Economy

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.

Economy

Deflation fears at centre of ECB latest stimulus moves

The European Central Bank is desperately keen to avoid deflation which economists say has a negative effect on growth.

World News

European Central Bank cuts main interest rate to zero to try to lift eurozone economy

The European Central Bank has cut its main interest rate to zero from 0.05 percent as part of stimulus measures intended to boost lending, consumption and inflation.

Economy

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.

World 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

Economy

Markets positive ahead of US Fed's crucial interest rates decision

Markets have been positive in the run-up to the long-awaited interest rate decision by the US Federal Reserve. The US central bank is widely tipped

USA

Why a Federal Reserve interest rate hike matters

Economy

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

Economy

Federal Reserve Yellen 'looking forward' to interest rate hike

The Federal Reserve Chair Janet Yellen has said she’s “looking forward” to normalising economic policy – code for a hike in US interest rates – to