Bank of England holds interest rates at 3.75% amid Iran war peace prospects
The Bank of England's Monetary Policy Committee voted 7-2 to keep rates on hold.
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Here are the five big takeaways from Kevin Warsh's first meeting as Fed chairman
The Federal Reserve and Chairman Kevin Warsh on Wednesday followed the script on interest rates closely.
Industry
Here are the five big takeaways from Kevin Warsh's first meeting as Fed chairman
The Federal Reserve and Chairman Kevin Warsh on Wednesday followed the script on interest rates closely.
Industry
UK inflation holds steady at 2.8% in May
The Bank of England is due to update its monetary policy on Thursday.
Industry
UK inflation holds steady at 2.8% in May
The Bank of England is due to update its monetary policy on Thursday.
Industry
UK inflation holds steady at 2.8% in May
The Bank of England is due to update its monetary policy on Thursday.
Industry
Three Iranian tankers exit U.S. blockade for first time in months as shipowners eye Hormuz in 'wary disbelief'
At least three Iranian tankers carrying nearly five million barrels of crude oil have exited the U.S. Navy blockade.
Industry
Japan raises interest rate to highest since 1995
The Bank of Japan has been raising rates from near-zero since 2024.
Industry
UK economy shrank 0.1% in April as Iran conflict weighed on growth
U.K. GDP fell 0.1% in April as services activity declined and companies cited pressure from the Middle East conflict.
Industry
UK economy shrank 0.1% in April as Iran conflict weighed on growth
The figure was in line with economists' expectations.
Industry
Wholesale prices rose 1.1% in May, more than expected, on surge in energy
The producer price index was expected to increase 0.7% in May, according to the Dow Jones consensus forecast.
Industry
Wholesale prices rose 1.1% in May, more than expected, on surge in energy
The producer price index was expected to increase 0.7% in May, according to the Dow Jones consensus forecast.
Industry
Wholesale prices rose 1.1% in May, more than expected, on surge in energy
The producer price index was expected to increase 0.7% in May, according to the Dow Jones consensus forecast.
Industry
ECB hikes interest rates for first time since 2023 as Iran war ramps up energy costs
The European Central Bank also raised its inflation forecasts and cut its growth outlook.
Industry
ECB hikes interest rates for first time since 2023 as Iran war ramps up energy costs
The European Central Bank also raised its inflation forecasts and cut its growth outlook.
Industry
ECB hikes interest rates for first time since 2023 as Iran war ramps up energy costs
The European Central Bank also raised its inflation forecasts and cut its growth outlook.
Industry
Coupang: South Korea fines e-commerce giant $400m over massive data breach
The record fine comes after around 37.5 million users had their private data exposed.
Industry
Energy prices take center stage as the ECB prepares to decide on rates
The ECB is expected to raise rates by 25 basis points as higher energy prices drive inflation and raise concerns about broader price pressures.
Industry
Energy prices take center stage as the ECB prepares to decide on rates
The ECB is expected to raise rates by 25 basis points as higher energy prices drive inflation and raise concerns about broader price pressures.
Industry
Energy prices take center stage as the ECB prepares to decide on rates
The ECB is expected to raise rates by 25 basis points as higher energy prices drive inflation and raise concerns about broader price pressures.
Industry
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