The Monetary Policy Committee reduced the level from 4.75 per cent to 4.5 per cent - the lowest in more than 18 months .

US applications for jobless benefits rise to 219,000 last week, though labor market remains healthy. WASHINGTON — US applications for jobless benefits rise to 219,000 last week, though labor market ...

The Trump administration isn't looking to clash with the Federal Reserve over interest rates, Treasury Secretary Scott Bessent told said. Instead, the focus of the White House is on lowering Treasury ...

Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, ...

Why have they been cut and what does it mean? - The PA news agency looks at the outcome of the Bank of England’s decision, ...

The US Dollar (USD) found some near-term demand on Thursday, resulting in XAU/USD retreating from record highs. The pair trades around $2,850 in the American session after hitting $2,882.35 on ...

US stocks rose on Thursday as investors digested company earnings and awaited e-commerce giant's Amazon (AMZN) results due ...

The US initial jobless claims data for the week ending February 1 will be released on February 6, 2025, at 7:00 PM IST (8:30 ...

The Bank of England's latest meeting has fed speculation of swingeing interest rate cuts. I think these UK shares could soar in this scenario.

But first a bit of background: The numbers in Friday’s jobs report most likely will change in the months (and years) to come. That’s just the nature of data collection, statistics and research: ...

Fed’s hawkish stance and potential reduction in rate cuts for 2025 have unsettled markets. Read more on market expectations, ...

The number of Americans filing new applications for unemployment benefits increased moderately last week, consistent with ...