Rolling coverage of the latest economic and financial news, including the UK interest rate decision at noon today ...

US retail sales rise 0.1% in May from April as inflation and high interest rates curb spending.

US retail sales showed minimal growth due to ongoing high inflation and interest rates. The rise was below expectations, with ...

The US Federal Reserve sets monetary policy by adjusting the interest rate big banks pay each other for overnight loans: the ...

In an interview with Fox Business, New York Federal Reserve President John Williams noted that recent inflation data have been encouraging and added that he expects inflation to continue to come down, ...

There has been plenty of news to digest but market movements have been well-contained. The BoE opened the door for a first ...

Consumer Pulse study found consumer concerns about inflation and interest rates reached their highest levels in two years.

Moody’s Analytics has warned that inflation could reaccelerate if former President Trump wins the White House and Republicans ...

The Swiss National Bank Thursday cut interest rates by 0.25 points to 1.25%. It's Switzerland's second rate cut as May Swiss ...

PBoC’s rate decision and US jobless claims on June 20 are pivotal for the Aussie dollar and broader economic trends.

The Bank of England has left rates at 5.25% for the seventh consecutive time, as the UK election draws closer.

The Bank of England kept its main interest rate unchanged at a 16-year high of 5.25% at its last meeting before July 4's UK ...