Inflation, which measures the rate of price increases over time, remains above the Bank of England's 2% target.

It is a clear strategy ahead of local, Scottish and Welsh elections in May, driven in part by difficulties in boosting ...

The British pound was last 0.2% higher at $1.3525 and set for its biggest weekly jump since August with a rise of just over 1%. The euro was down 0.36% at 86.73 pence.

President Trump has repeatedly demanded the Fed lower interest rates, criticizing its Chair Jerome Powell for being "too late ...

To many, the fight between President Donald Trump and the Federal Reserve Chair Jerome Powell may seem just one of the many ...

Growing divergence between US and UK monetary policy could increase inflation risks in Britain and complicate the path of interest rate cuts, a Bank of England (BoE) policymaker has warned. Megan ...

Concern Over Rising Prices Could Scupper Cut  Inflation rose by more than forecast in the 12 months to December, from 3.2% to 3.4%, wit ...

Jan 22 - Morgan Stanley expects the Bank of England to deliver its next interest rate cut in March, scrapping its forecast ...

Morgan Stanley expects the Bank of England to deliver its next interest rate cut in March, ​scrapping its forecast for a 25-basis-point February cut, ‌after data showed British inflation rose more ...

Meanwhile, from January 16-21, a survey was conducted, with results indicating that all 100 economists anticipated the Fed ...

Most experts think that December’s data marked a temporary increase to inflation which will continue to fall in the months ahead.

Treasury Secretary Scott Bessent Turns Up the Heat on Fed's Powell By Vicky Ge Huang ...