As the economy cools, pressure is building on the Bank of England to cut interest rates.
Tag: Interest Rates
Bank of England Will Overhaul Its Forecasting After Inflation Surprises
The review, which was led by Ben S. Bernanke, a former Federal Reserve chair, came after the central bank had been criticized for underestimating inflation.
European Central Bank Signals Coming Rate Cut, Setting Up Split With Fed
The bank held rates for the fifth consecutive time, but said confidence was growing that inflation would return to its target and it could ease its stance soon.
France Will Cut Spending as It Sees a Weaker Economy Ahead
War, high interest rates and slowdowns in major trade partners are trimming tax revenue and forcing the government in Paris to scale back.
France Will Cut Spending as It Sees a Weaker Economy Ahead
War, high interest rates and slowdowns in major trade partners are trimming tax revenue and forcing the government in Paris to scale back.
Turkey’s Central Bank Chief Steps Down Amid Long Inflation Battle
The government swiftly replaced her and said the change did not reflect a policy shift for the country, where annual inflation is about 65 percent.
Global Economy Is Heading Toward ‘Soft Landing,’ I.M.F. Says
The International Monetary Fund upgraded its growth forecasts and offered a more optimistic outlook for the world economy.
The Debt Problem Is Enormous. Experts Say the System for Fixing It Is Broken.
Economists offer alternatives to financial safeguards created when the U.S. was the pre-eminent superpower and climate change wasn’t on the agenda.
Russia’s Central Bank Raises Rates to 16 Percent
The bank warned that its tight monetary policy would continue “for a long period” as it attempts to slow an economy in danger of overheating.
Renewable Energy Could Be a Casualty in the War on Inflation. Here’s Why.
High interest rates make green start-up costs soar. Officials at the U.N. climate summit fear the world could miss an opportunity to avert future greenhouse gas emissions.