The Bank of England cut interest rates by a quarter percentage point in a divided decision that surprised markets and ...

The Bank of England is widely expected to cut interest rates on Thursday as a result of the potential shock to growth ...

EDITORIAL: On 5 May the Monetary Policy Committee (MPC) decided to reduce the discount rate by 100 basis points ...

KARACHI: The State Bank of Pakistan's Monetary Policy Committee (MPC) meeting has been scheduled for Monday (today) to decide ...

Market participants earlier digested the Federal Reserve's "wait and see" message to monetary policy. Chair Jerome Powell ...

The EUR/GBP pair slides to near 0.8470 during early North American hours on Thursday as the Pound Sterling (GBP) attracts ...

For release at 2:00 p.m. EDT May 7, 2025 Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace. The ...

The British pound bounced off session lows and yields on U.K. government bonds rose after the Bank of England cut its main interest rate by 25 basis points to 4.25%. The reduction in borrowing costs ...

Federal Reserve Chair Jerome Powell reiterated the need for a wait-and-see approach during a press conference following the ...

KARACHI: Beating the market expectations of a 50 basis points (bps) cut, the State Bank of Pakistan (SBP) has slashed the ...

The State Bank of Pakistan (SBP) announced a 100-basis point reduction in its key policy rate, bringing it down to 11%, as ...

Federal Reserve Chair Jerome Powell will likely be asked about the economic fallout from President Trump's tariff rollout ...