Global growth is projected at –4.9 percent in 2020, 1.9 percentage points below the April 2020 World Economic Outlook (WEO) forecast. The COVID-19 pandemic has had a more negative impact on activity ...

The nation's central bank opted not to adjust the federal funds rate after the latest meeting ... to rising unemployment and slower economic growth. It floated the possibility of another drop ...

A sluggish economy typically warrants interest rate cuts to stimulate growth, but lowering rates too quickly could fuel price growth when inflation is still above target. At the same time ...

Find out what's happening with today's mortgage rates and calculate monthly repayments across a range of different rates and deals. 18 June: Bank of Eng ...