Bank of England set to keep interest rates on hold
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The main reason political pressure on the Federal Reserve has not caused markets to price in deeper interest rate cuts is perhaps the simplest: U.S. inflation is just too high to justify it, and there are signs it may be picking up again.
Also Thursday, the Bureau of Economic Analysis said that GDP increased by 4.4%, a slight upward revision from the previous estimate of 4.3%. The addition came from increases in exports and investment that were somewhat offset by a downward revision to consumer spending.
Inflation is weighing on US incomes to a degree comparable to the 2008 Great Recession – potentially reducing consumer spending power ahead of the crucial holiday shopping season, according to a JPMorgan report released Tuesday. As of October, the median ...
The government has been told of some crucial ways to help limit inflation and keep rate rises to a minimum as debate rages on the role public spending played in the latest hike.
AMSTERDAM, Dec 19 (Reuters) - Risks to euro zone growth and inflation are fairly balanced but remain large, so the European Central Bank needs to keep an open mind about future policy moves, Dutch central bank chief Olaf Sleijpen said on ...
Tuesday's release of the December M2 money supply figures showed a continuation of the sub-6% growth trend that has been in place since inflation peaked in mid-2022.
The Bank of England is keeping its main interest rate unchanged at 3.75% with U.K. inflation remaining above target and economic growth is showing signs of picking up. The decision
State Economist Robert Buschman told Georgia legislators Tuesday that lower personal debt and improved bank balance sheets are bright spots in his economic outlook. But he said slow job and income growth, rising prices and record business bankruptcies suggest a mixed economic outlook for 2026.
Warsh has consistently talked about improving economic growth through investment and productivity; lower rates would serve as a catalyst. Read more here.
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Russian services PMI posts strongest growth in a year despite inflation surge from VAT hike
Russia’s service sector began 2026 with its fastest pace of expansion in 12 months, fuelled by rising demand and new orders, though a sharp acceleration in inflationary pressures linked to a VAT increase clouded the outlook,
Economic Survey Budget 2026 Highlights: Finance Minister Nirmala Sitharaman tabled the Economic Survey 2025-26 in the Parliament today. The document provides the government's view on India's economy and its future direction.
The Bank of England kept interest rates on hold on Thursday, but only after an unexpectedly narrow 5-4 vote, and it said it expected a future cut if a sharp fall in inflation due in the coming months proved not to be a blip.