At 4.5 per cent, the bank rate is well above most estimates of the so-called neutral rate, the point at which monetary policy is neither expansionary nor contractionary. Inflation is close to target, ...

US stock markets retreated and gold hit a fresh high Tuesday as traders kept a nervous eye on US President Donald Trump’s ...

The FTSE 100 was higher and European markets were mixed on Tuesday morning as the EU said it would respond to new US tariffs on steel and aluminium imposed by Donald Trump. The FTSE 100 ( ^FTSE) rose ...

Catherine Mann, a member of the rate-setting Monetary Policy Committee, insisted a predicted rise in prices would likely just ...

Chase Bank has issued an unwelcome message to customers as it drops payouts twice. The online-only US bank, which has ...

Barclays has announced it will be dropping savings rates on two popular accounts. The Everyday Saver will drop from 1.50% to just 1.25% on balances up to £10,000, while the Rainy Day Saver will fall ...

Catherine Mann, a policymaker at the Bank of England (BoE), clarified her stance on interest rate cuts during a speech on ...

British equities slipped on Tuesday, as investors assessed the impact of U.S. President Donald Trump's tariffs on metals.

Bank of England policymaker Catherine Mann said on Tuesday that her unexpected vote for a half percentage-point cut in ...

Mann was one of two members of the BoE's Monetary Policy Committee who last week voted for a half-point cut in interest rates ...

WASHINGTON-President Trump on Monday announced 25% tariffs on imports of steel and aluminum to the U.S., reinstating global duties without exceptions for allies such as Canada, Mexico, Japan and South ...

(Reuters) - Bank of England interest rate-setter Catherine Mann said companies will struggle to raise prices this year as consumers are hit by job losses and spending softens, the Financial Times ...