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Analysts revised their expectations for 2025 and 2026 to include higher mortgage rates, delivering bad news to aspiring homebuyers.

Consumer price inflation reared its ugly head to start the year, dashing hopes for the Fed to lower borrowing costs anytime soon.

Bank boss Andrew Bailey told the BBC it expected to cut rates further but warned the road ahead would be bumpy.

With more than three years of experience as a personal finance writer, Jamela Adam simplifies complex money topics to help readers become experts at managing their finances. Her work has been ...

Economists surveyed by Bloomberg had forecast a 2.6% increase in output ... Wednesday, the Federal Reserve paused its flurry ...

The cut to the base lending rate from the Bank of England was expected. It’s now down to 4.5 per cent from 4.75. What wasn’t ...

Turkey's central bank governor Fatih Karahan said on Friday the bank is "not on autopilot" after two straight interest rate ...

ISTANBUL: Turkiye’s central bank has pledged to keep monetary policy tight amid a deteriorating inflation outlook, saying ...

The Bank of England has halved its 2025 growth forecast and cut interest rates by a quarter-point to 4.5%. In a blow to UK ...

The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.