The Latest Breaking News from Economy

The PA news agency looks at what the decision means and what the Bank of England expects to happen to the economy.

Trump claimed many of the problems with the U.S. economy were caused ‘by our friends’

Rate-setting committee also points to mounting global uncertainty as it pauses its cycle of reductions

Swiss National Bank continued to lower interest rates in March, while highlighting that external geopolitical risks could still be a threat to the Swiss economy and exports.

Monetary Policy Committee votes 8-1 to leave UK interest rates unchanged at 4.5%

The Bank of England is set to keep U.K. interest rates unchanged even though the economy is barely growing and set for further uncertainty in light of the tariff policies being enacted by the Trump administration in the U.S. The nine-member Monetary Policy Committee is expected to keep the bank’s…

Asian shares are mostly higher following an advance on Wall Street after the Federal Reserve said the economy still looks healthy enough to keep interest rates where they are

While Buffett reassured investors of his preference for equities over cash earlier this year, he expressed concerns last week about the impact of Trump's tariffs on corporate earnings and the broader economy.

The US stock market bounced back after declining for weeks after the US Fed forecast two rates cuts this year despite concerns of high inflation, unemployment, and a slump in consumer spending.