News

UK central bankers should stop selling the bonds they acquired during the pandemic to take pressure off borrowing costs.
President Donald Trump said the U.S. is getting rich off tariffs and said Powell is too slow to cut interest rates.
The global risk environment has deteriorated and uncertainty has intensified, the central bank’s Financial Policy Committee ...
Katharine Neiss, a former Bank of England economist now at PGIM, suspects this will be the overarching result of the trade war: a massive slump in growth, overpowering other effects to push down ...
With UK inflation stuck firmly above its 2% target - it hit 3% in January - the BoE has cut borrowing costs by less than the European Central Bank and the U.S. Federal Reserve since last summer ...