But the jobs market continued to soften with nearly 50,000 more people looking for work and the unemployment rate rising by 0 ...

The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.

The Bank of England has halved its growth forecast for this year as it cut interest rates to the lowest level for more than 18 months. The economy is now expected to grow by 0.75% in 2025 ...

As 2025 approaches, major macroeconomic trends—including interest rates, AI-driven labor ... Expectations for productivity growth will be crucial for long-term economic prospects.

The big four banks moved quickly to match the cut to their mortgage rates to alleviate the pain mortgage holders have been ...

There is a considerable amount of noise as we head into this week’s much anticipated first RBA meeting of the year. There are ...

Chancellor Rachel Reeves has said she is “not satisfied” with the UK’s growth rate ... made growing the economy its key priority. She said: “This interest rate cut is welcome news, helping ...

The slowest growth rate since the pandemic reflects moderation across key sectors, driven by high interest rates, persistent ...

LONDON (AP) — The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate Thursday for the third time in six months. In a statement ...

In recent years, New Zealand and Australia have both experienced high inflation. The Reserve Bank of New Zealand (RBNZ) began ...

The Bank of England has cut interest rates from 4.75% to 4.5% - the lowest base rate since June 2023 The Bank's Monetary Policy Committee voted 7-2 in favour of the cut - those two members wanted ...