Deutsche Bank predicts two further cuts to 3.25% by March and June. Its UK chief economist, Sanjay Raja, said a rise in ...

Rolling coverage of the latest economic and financial news, as Bank of England governor Andrew Bailey switches vote – allowing rate cut today ...

The Bank of Korea held a Monetary Policy Committee (MPC) meeting on the 15th and decided to maintain the base rate at 2.5% annually. The phrase “base rate cut” disappeared from the monetary policy ...

Official figures show unemployment was above 5% in the three months to October, while private sector pay growth slowed to 3.9 ...

INTEREST rates will reportedly be cut to the lowest level in three years as Britain battles against an unemployment crisis.

The Bank of Korea will hold its first Monetary Policy Committee meeting of the new year on the 15th to decide on the base ...

The Bank of England has cut interest rates from 4% to 3.75%, the lowest level since February 2023. Analysts are divided about whether further cuts will follow in 2026. Interest rates affect mortgage, ...

Major banks are lowering their savings interest rates in response to the Bank of England lowering the base rate.

Decision in line with expectations 11th successive month of no change Inflation exceeding bank's tolerance band Bank eyes 'careful and patient' approach BUDAPEST, Aug 26 (Reuters) - Hungary's central ...