Huw Pill called an expected rise in inflation this summer an ‘upward blip’ and said it would probably not affect everyday ...

LONDON (Reuters) - Bank of England Chief Economist Huw Pill said an expected rise in inflation this year would probably not ...

The most recent news from Nigeria and across the world is available at The News Chronicle. The News Chronicle provides the ...

The  Bank of England’s decision to cut interest rates has been widely welcomed by business, but it comes with caveats. The ...

European markets are set to climb down from record highs when trading resumes on Friday, as corporate earnings, monetary ...

Many economies seem to be settling into a lower-rate environment. That’s in stark contrast with the Federal Reserve, which ...

Andrew Bailey says he is "following closely" whether Trump will change US support for the institutions.

The Bank of England has cut its main interest rats for the third time in six months as the British economy is struggling to ...

The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.

Obviously we are very supportive of measures that raise growth in the long term,” said Bank of England rate-setter Clare ...

The base rate fell to 4.5 on Thursday, but the Bank halved the UK’s economic growth forecast for this year while predicting surging inflation.