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Economy

ECB to end stimulus programme later this year

ECB President Mario Draghi admitted the eurozone recovery has slowed and kept record low interest rates unchanged

Turkey

Central Bank steps in as Turkish lira tumbles

Lira rallies at the end of the day after falling five percent

Economy

Will UK interest rates rise as inflation outstrips wage growth?

Consumer price inflation in Britain is now three percent which is close to its highest level for six years.

Economy

Plans for UK interest rate hike

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

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Economy

Eurozone inflation falls again in December

Missed inflation target means ECB unlikely to change cheap money policy soon.

Economy

Bank of England keeps interests rates on hold

The Bank of England keeps interest rates on hold as real wages fall and consumers suffer biggest loss of spending power in 40 years.

Economy

The Bank of England raises its interest rate to 0.5 pct from 0.25 pct, the first hike in 10 years

Bank of England raises interest rate to 0.5 per cent in the first hike in a decade

Economy

ECB to cut its massive bond-buying programme

ECB to cut its massive bond-buying programme

Economy

Brexit weighs on UK economy

Interest rates in the UK have again been kept at their record low level of 0.25 percent

Economy

ECB leaves refinancing rate unchanged

The European Central Bank has left its benchmark refinancing rate unchanged at 0 percent.

Economy

UK: Bank of England orders banks to build billions in reserves

Economy

Federal Reserve meets ahead of expected interest rate rise

Economy

US job growth rebound makes interest rate hike more likely

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%.

Economy

Federal Reserve set to wait on interest rate hike

Economists do not expect the Federal Reserve to raise the benchmark interest rate on Wednesday at the end of its two-day policy meeting.

Economy

America's economy roars with fastest job creation in over two years

More positive news for the US economy with March proving to be a bumper month for jobs.

Economy

Russian central bank confounds forecasts with interest rate cut

Russian interest rates have fallen to 9.5% on the back of better inflation data.

Markets

Financial markets braced for US interest rate hike

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.

Economy

Fed's Yellen warns against delaying interest rate hikes, speaks of 'uncertainty' over US fiscal policy

The US central bank is previewing interest rate rises, with Fed Chair Janet Yellen warning it is "unwise" to wait too long.

Business Line

It's not easy running a central bank in these strange political times

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.

Economy

US Q3 GDP growth beats estimates

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

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