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The Bank Rate has remained at 3.75 per cent since December 2025 – but a hike is now expected this year
Rolling coverage of the latest economic and financial news
Iran says it is still in control of the Strait of Hormuz and not seeking to resume peace talks with the United States after President Donald Trump halted a two-week bombing campaign
Kevin M. Warsh, who has said the Federal Reserve has “no tolerance” for elevated inflation, must decide whether he wants to push for an interest-rate increase at this week’s policy meeting
European stock futures gained as oil prices retreated on signs of easing tensions in the Middle East
US stocks tumbled, putting the S&P 500 Index on track for its worst day in a month, as doubts about the payoffs from the debt-fueled artificial-intelligence investment boom dragged down big tech stocks
President Donald Trump is rolling out new Section 301 tariffs for 60 countries as the stopgap measure he implemented in the spring is set to expire. In February, the Supreme Court ruled that the president’s “Liberation Day” tariffs, raised under the International Emergency Economic Powers Act, were unconstitutional. In response, Trump imposed a global section […]
Markets now face the resurgent Middle East war, a spike in oil prices back past US$100 and worries about the artificial intelligence investment boom