It is the fourth cut the central bank has made since it started reducing rates in August last year. The central bank said in a statement that “substantial progress” on reducing inflation over ...

The Bank of England's Monetary Policy Committee voted 5-4 in favour of the decision to cut rates by a quarter point. Two members, Swati Dhingra and Alan Taylor, voted for a bigger half-point cut ...

The Bank of England cut its key interest rate, a day after the Federal Reserve opted to keep rates on hold, highlighting the growing divergence between the U.S. central bank and its global peers ...

ZURICH, May 6 (Reuters) - The Swiss National Bank is ready to intervene in the foreign currency markets and cut interest rates even below zero to prevent inflation falling below its price ...

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...

The Bank of England has cut interest rates to its lowest level for two years as it warned that an escalating global trade war will drag on growth over the next three years. The central bank cut ...

Australia's biggest home lender has cut its variable mortgage rates in a sign the Big Four banks are competing harder for new customers - with more official relief expected. The Commonwealth Bank ...

The Bank of England (BoE) has cut interest rates to 4.25% amid a global trade war and a weak domestic economy, marking its fourth reduction since rates peaked at 5.25% last year. The monetary ...

The Bank of England is widely expected to cut interest rates. The Bank of England is “nailed on” to cut interest rates later today to 4.25 per cent, investors believe. City of London leaders ...

UK interest rates are set to be cut to 4.25 per cent as the Bank of England eases costs for borrowers while it digests the impact of US tariffs on the economy. Most economists are expecting rates ...

UK interest rates have been cut to 4.25% from 4.5% and the governor of the Bank England has hinted more could follow in the coming months. Andrew Bailey said he would not "give predictions as to ...