Nationwide is lowering its standard mortgage rate (SMR) by up to 0.25% following the base rate cut earlier today.

U.S. Federal Reserve Chair Jerome Powell is a man of "utmost integrity", Bank of England Governor Andrew Bailey said, ...

German industrial production slumped in June to its lowest level since the pandemic in 2020, data showed Thursday, ...

Governor Andrew Bailey described it as a ‘finely balanced decision’ after MPC members were forced to hold a second vote.

Halifax said on Thursday house prices were 2.4% higher compared with July last year, slowing from June's 2.7% increase. The housing market has settled after a rush to beat the expiry in April of a tax ...

The U.S. dollar rose on Thursday after Bloomberg News reported that Federal Reserve Governor Christopher Waller is emerging ...

It’s an era of unprecedented central bank dissension — and agreement is hard to find when the goals are in conflict.

The MPC’s narrow decision to cut the base rate is not expected to have a huge impact on mortgage pricing but could encourage ...

The Bank of England cut its main interest rate Thursday by a quarter percentage point to 4%, as policy makers seek to bolster the sluggish U.K. economy.

BoE sees inflation peaking at 4%, twice its target Read more at straitstimes.com. Read more at straitstimes.com.

The Bank of England has slashed interest rates by 4%, the lowest in two years, which will have a major impact on UK ...

A cut in interest rates will mean the 590,000 people with a base-rate tracker mortgage will see borrowing costs fall from ...