Interest rates

ECB cuts again as it heads into an uncertain future
The central bank expects big spending programs at home to offset weaker demand for eurozone exports.

Trump administration prepares to ease big bank rules

Cooling May inflation paves way for ECB rate cut

UK inflation setback for Labour as ‘Awful April’ hits households

Trump tariffs have little impact on prices so far, defying grim forecasts

Bank of England cuts rates as trade clouds start to lift

BoE ready to cut again as UK braces for trade war impact
Blow to UK clean power goals as major wind project shelved
The Hornsea 4 project secured government backing at the end of 2024.
Trump: ‘No intention’ of trying to fire Fed’s Powell
Trump has repeatedly called on the Fed to cut borrowing costs, which would help boost the economy ahead of a potential hit to growth from tariffs.
European eggflation slows down as American prices surge under Trump
Prices are still rising in Europe — but not as fast as in recent years, and nothing like in the U.S.
ECB slashes rates again as desperation mounts over trade war impact
But the seventh consecutive cut may still not be enough to revive European economic fortunes.
Trump hammers Federal Reserve chief Powell: ‘Termination cannot come fast enough!’
U.S. president lashes his central bank nemesis for not cutting interest rates fast enough.
ECB expected to lower interest rates amid mounting recession fears
Analysts are predicting a cut to 2.25 percent from 2.5 percent.
Trump’s tariffs war set to hit UK growth, warns Bank of England
But Breeden said the impact on inflation, and therefore the Bank’s interest-rate decision in May, is uncertain at this stage.
Trump tariffs should start ‘march to independence’ for Europe, says ECB chief Lagarde
“I consider it a moment when we can decide together to take our destiny into our own hands,” says European Central Bank boss.
The Starmer and Reeves double act is about to be tested
A strong, if shallow, partnership at the top has defined Labour in office. Can it hold when the going gets tough?
Southern Europe rebuffs von der Leyen’s debt-based defense plan
France, Italy and Spain are seeking to boost military spending based on grants rather than loans to avoid increasing their debt loads.
How Berlin’s fiscal flip stunned Brussels and spooked its allies
The weeklong blitz on the EU’s fiscal rules generated more blowback than Germany ever expected.
Bank of England holds key rate as Trump trade war clouds inflation outlook
By contrast, the rest of Europe is eyeing an acceleration in growth, as Germany prepares to open its wallet to restore its infrastructure and its defense capabilities.
The Fed’s forecast on Trump’s economy: Slower growth, higher inflation
The Fed chief said “a good part” of a projection for higher prices is coming from tariffs.
PMQs: Badenoch wins by hammering Starmer on tax hikes
The Tory leader landed blows against the government’s upcoming increase to national insurance contributions — leaving the PM struggling to respond with clarity.
PMQs: Starmer wins as he shrugs off Badenoch’s economic digs
Conservative Leader Kemi Badenoch laid into the government’s economic plans — but the prime minister came armed with comebacks.
ECB cuts deposit rate again as Europe heads into uncertain future
But policy easing is no longer on autopilot.
ECB set to cut interest rates again as inflation takes a back seat to Trump
But is it enough for the central bank just to take its foot off the brake?
Green diplomacy survives as UN strikes deal on biodiversity finance
COP16 talks in Rome yielded agreement on funding nature restoration in poorer countries — but some details remain vague.
German economy could stagnate again this year, Bundesbank says
No growth on horizon for Europe’s biggest economy.
Greece says EU’s central bank could play role in Europe’s defense crisis
Greek central bank chief says the ECB can discuss support for the defense industry if the EU declares higher spending is a goal.
Zelenskyy refuses to sign Trump’s rare earths deal — but official says pact is close
“Nearly all key details finalized,” says Ukrainian deputy PM about the controversial minerals agreement.
The UK economy just about grew at the end of 2024
News offers a sliver of relief to Keir Starmer’s government.
Bank of England deals double blow to Keir Starmer
Pain for the UK government as BoE cuts growth forecasts but raises its estimates for inflation.
UK chancellor will double down despite growing opposition
It’s a fiscal gamble, but for now, Reeves will continue to argue there’s no other way than to take the bet she’s making.