Bank of England keeps main UK interest rate at 15-year high of 5.25% and cautions over oil prices
LONDON (AP) — The Bank of England kept its main interest rate unchanged on Thursday at the 15-year high of...
archiveeconomic policy
What the new BRICS currency could mean for Canada: David Collins for Inside Policy
By David Collins, August 1, 2023 The BRICS countries (Brazil, Russia, India, China and South Africa) are poised to announce...
Mortgage Carnage Continues | Scoop News
Wednesday, 12 July 2023, 3:13 pmPress Release: New Zealand National Party Today’s decision by the Reserve Bank to keep interest...
How the U.S. built a junk fee economy
Americans are collectively spending nearly $65 billion on sneaky fees, according to the White House."Sometimes they're called convenience fees. Sometimes...
Europe could dodge a recession. But the UK economy is in a mess
London CNN — Business activity across the 20 countries that use the euro expanded in January for the first time...
Inflation drops sharply in Europe but some prices are still rising faster
London CNN — Inflation in Europe continued to decline in December as energy prices rose at a slower pace. Prices...
Brexit has cracked Britain’s economic foundations
London CNN — It’s been two years since former Prime Minister Boris Johnson signed his Brexit trade deal and triumphantly...
After this week’s Fed rate hike, where are mortgage rates headed?
Washington, DC CNN — The Federal Reserve hiked its benchmark lending rate this week for the seventh time this year,...
Premarket stocks: Investors are hoping for the economic tide to turn. The wait may soon be over
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign...
UK leader Truss under pressure to ditch economic plan
LONDON -- A senior member of the U.K. government on Thursday rejected suggestions that Prime Minister Liz Truss should step...
