Bank of England’s next move divides economists as data paints a mixed picture
LONDON — Market expectations are split over the Bank of England’s next monetary policy move on Wednesday, as policymakers near…
The Bank of Japan just shocked markets with a policy tweak — here’s why it matters
The Bank of Japan announced Friday “greater flexibility” in its monetary policy — surprising global financial markets. The central bank…
Watch live: ECB President Christine Lagarde speaks after rate decision
[The stream is slated to start at 8:45 a.m. ET. Please refresh the page if you do not see a…
European Central Bank raises rates by a quarter percentage point, says inflation set to remain ‘too high for too long’
The European Central Bank on Thursday announced a new rate increase of a quarter percentage point, bringing its main rate…
Singapore’s UOB expects ‘some upside’ to interest income after Fed rate hike
Singapore’s United Overseas Bank is expecting “some upside” in interest income in the next quarter, after the U.S. Federal Reserve…
Fed approves hike that takes interest rates to highest level in more than 22 years
WASHINGTON – The Federal Reserve on Wednesday approved a much-anticipated interest rate hike that takes benchmark borrowing costs to their…
15 years of low interest rates reshaped the U.S. economy. Here’s what’s changing as rates stay higher for longer
The United States is entering a new economic era as the Federal Reserve has been hiking its benchmark interest rate.…
Here’s what to expect from the Federal Reserve meeting Wednesday
Despite an improving inflation picture, the Federal Reserve is expected on Wednesday to approve what would be the 11th interest…
A ‘momentous week’ ahead as the Fed, ECB and Bank of Japan near pivot point
The U.S. Federal Reserve, Bank of Japan and European Central Bank will all announce key interest rate decisions this week,…
UK inflation rate slides to 7.9% in June, below expectations
LONDON — U.K. inflation cooled significantly in June, coming in below consensus expectations at 7.9% annually. Economists polled by Reuters…
