In total, the Bank reckons two out of five residential borrowers, close to four million, will face a similar situation in the next few years, with an average 8% ...

Interest rates were cut to 3.75% in December and analysts expect at least one further reduction this year. Source link

Opinion is divided over whether Warsh will align with the US president's views over how the Federal Reserve should be run. Source link

Two Fed officials voted in favour of an interest rate cut - Stephen Miran, who is on leave from his post at the White House where he leads Trump's ...

Central banks across the world have joined together to declare that they stand in "full solidarity" with the Federal Reserve's chair after the US launched a criminal investigation into ...

Andrew Bailey and a previous governor, Lord King, questioned on Covid economic policy Source link

Prof Marie Coleman and Gabija GataveckaiteDublin PacemakerBobby Storey, pictured in 2014, was seen as a key individual in selling the peace process to republican hardlinersThe UK government told their ...

The widespread adoption of artificial intelligence (AI) is likely to displace people from jobs in a similar way seen during the Industrial Revolution, the governor of the Bank of ...

Kevin PeacheyCost of living correspondentGetty ImagesPolicymakers at the Bank of England are expected to cut interest rates - bringing the Bank rate down to its lowest level since February ...

Archie MitchellBusiness reporterGetty ImagesThe chancellor's Budget could reduce inflation by half a percentage point next year, a Bank of England deputy governor has said.Clare Lombardelli told the Commons' Treasury ...

Archie MitchellBusiness reporterPA MediaThe Bank of England has warned of a "sharp correction" in the value of major tech companies with growing fears of an artificial intelligence (AI) bubble.It ...

Paul SeddonPolitical reporterEPA/ShutterstockNigel Farage has escalated his calls for the Bank of England to halt its bond-selling programme, in his first formal meeting with its governor.Reform UK argues the ...