Michael RaceBusiness reporterBank of England governor 'encouraged' by falling inflationInterest rates have been cut to 3.75%, the lowest level in almost three years, but further reductions are set to be a "closer call", the Bank…
There is a buzz outside the Bank of England.City workers are taking advantage of the unusually mild weather to enjoy lunch outside, and there has been a shift in temperature too inside the Bank.The decision…
Interest rates have been held at 4% by the Bank of England in a widely expected move.The decision comes as inflation remains at almost double the Bank's target, and ahead of the Budget later this…
new video loaded: Fed Cuts Interest Rates for Second Time This YeartranscriptBacktranscriptFed Cuts Interest Rates for Second Time This YearFed Chair Jerome Powell announced that the Federal Reserve would cut interest rates by another quarter…