An idea that took root globally after inflation shocks of 1970s is facing its stiffest challenge yet. Post-2008 crisis, central banks moved away from a narrow remit of targeting just inflation. Now, ...

The Reserve Bank of India likely intervened to support the rupee before the open of the local spot market ahead of a ...

Indian shares are likely to open on a cautious note Friday as investors react to muted cues from Asian markets and await the RBI's ...

India is expected to cut interest rates for the first time in nearly five years on Friday to provide stimulus to its sluggish economy, with easing price pressures giving policymakers more room to ...

The Bank of England on Thursday halved its forecast for UK economic growth this year, blaming global risks amid US tariff threats and deteriorating business confidence in the UK. The sharp downgrade, ...

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

The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate for the third time in six months ...

Greater challenges await in future meetings when the BoE will be balancing the need to support an ailing economy without ...

The Bank of England cut interest rates by a quarter percentage point on Thursday as the UK economic outlook darkens, ...

The Bank of England put a dovish twist to an expected rate cut, sending the British pound and bond yields lower. The central ...

The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, ...