Bank of England rate-setter Megan Greene warned that interest rates will settle at higher levels than before the pandemic, adding to a growing consensus on the need for borrowing costs to remain ...

Bank of England rate-setter Megan Greene said Britain’s lagging recovery in consumer spending may be boosted as interest rate cuts reduce the impulse for households to hoard savings. Greene said ...

Bank of England rate-setter Catherine Mann warned that the UK may have prematurely cut interest rates if there have been lasting shifts in wage and price setting. The cooling in services inflation ...

Bank of England rate-setter Catherine Mann said monetary policy is impacting inflation more quickly than economic theory ...

in the budget to bridge the UK’s investment gap, a fiscal expansion that could slow Bank of England interest rate cuts, according to analysis by Bloomberg Economics. Reeves will also need to ...

The European Central Bank reduced interest rates for the third time this year as a hastier retreat in inflation allows policymakers to offer support to the region’s stuttering economy. UK ...

UK wages grew at the slowest pace in more than two years over the summer, a sign of easing inflationary pressures that keeps the Bank of England on track to cut interest rates in November. Average ...

Donald Trump’s election win is leading some forecasters to question if the European Central Bank will need to return ...

That’s what the BOE aimed for when it ramped up interest rates from late 2021, expecting workers would temper pay demands and ease pressure on firms to raise prices. Wages for low-paid jobs ...

Hungary’s central bank kept its key interest rate unchanged ... Bank of Hungary left its benchmark rate at 6.5% on Tuesday, matching all forecasts in a Bloomberg survey of economists.

Turkey’s central bank is expected to extend its interest-rate ... Karahan is seen holding rates at 50% on Thursday, according to almost all economists surveyed by Bloomberg.