Euro zone inflation falls to more than two-year low Euro zone inflation tumbled far more than expected this month, a challenge to the European Central Bank's narrative that price growth remains stubborn and likely … Business • 1 hr
Turkey delivers another major interest rate increase Turkey's central bank has surprised the market with a larger-than-expected interest hike as it ramped up its fight against inflation and efforts to support the … Business • 24 Nov
ECB policymakers cautiously optimistic about inflation Euro zone inflation is falling as expected, or even a bit faster, but the European Central Bank must keep the possibility of an interest rate … Business • 23 Nov
UK lender Nationwide reports record member benefits Nationwide Building Society has reported record benefits for its customers in the first half of its financial year, including a £344m payout and £885m of … Business • 17 Nov
ECB must keep rates at 4% in 2024 to get inflation down Rapid wage growth in the euro zone could keep inflation elevated longer and the European Central Bank should hold interest rates at or near record … Business • 08 Nov
Australia raises rates to curb stubborn inflation Australia's central bank has today raised the key interest rate to a near 12-year high to tame stubbornly high inflation. Business • 07 Nov
Traders bet ECB first big central bank to cut rates Financial markets are ramping up expectations for interest rate cuts from the European Central Bank, betting it will be the first major central bank to … Business • 03 Nov
Norway keeps interest rates on hold, eyes December hike Norway's central bank kept its benchmark interest rate unchanged at 4.25% today, as widely expected, and said it would likely raise the cost of borrowing … Business • 02 Nov
AIB lifts 2023 guidance for third time this year AIB has today lifted its full year income guidance for the third time this year after a higher interest rate environment contributed to a "very … Business • 01 Nov
Where next for interest rates as ECB pauses? For ten meetings in a row, over a period of little more than a year, the European Central Bank embarked on the most ambitious rate … Business • 29 Oct
US economy grows at fastest rate in nearly two years The US economy heated up in the third quarter, government data showed today, as a resilient job market helped boost consumer spending, holding off the … Business • 26 Oct
ECB breaks record streak of hikes as economy weakens The European Central Bank left interest rates unchanged as expected today, snapping an unprecedented streak of ten consecutive rate hikes, and maintained its guidance which … Business • 26 Oct
Euro zone lenders, borrowers shun credit as rates climb Euro zone banks curbed access to credit even as demand for it from households and companies fell due to high interest rates and a deteriorating … Business • 24 Oct
Five questions for the ECB this week The European Central Bank has good reasons to hold fire on Thursday after raising interest rates at its past ten meetings. Business • 23 Oct
Split ECB chose rate hike to show grit on inflation Divided European Central Bank policymakers opted for raising interest rates at their latest meeting to show resolve in the fight against inflation even though evidence … Business • 13 Oct
ECB's Schnabel can't rule out more hikes The European Central Bank may need to raise interest rates again if wages, profits or new supply snags boost inflation, ECB board member Isabel Schnabel … Business • 06 Oct
Euro zone inflation falls to lowest level in two years Inflation in the euro zone fell to its lowest level in two years in September, suggesting the European Central Bank's steady diet of interest rate … Business • 29 Sep
Banks defend interest rate policies at committee Representatives of the country's main banks have defended their policies around the passing on of interest rate increases to customers when they appear before an … Business • 27 Sep
Bank of England halts run of interest rate hikes The Bank of England halted its long run of interest rate increases today as the British economy slowed, but it said it was not taking … Business • 21 Sep
Swiss central bank leaves key rate unchanged Switzerland's central bank unexpectedly left its key interest rate unchanged, saying past hikes were countering inflation while warning that more increases may still be needed. Business • 21 Sep
Sweden hikes interest rate as inflation still too high Sweden's central bank raised its key rate to a 15-year high today and warned that further hikes may be needed as "inflation pressures are still … Business • 21 Sep
Norway central bank raises rate, one more hike 'likely' Norway's central bank has raised its key interest rate today, its 13th increase in two years, and warned that one more hike is "likely" in … Business • 21 Sep
US Federal Reserve leaves rates unchanged The US Federal Reserve held interest rates steady today but stiffened its hawkish stance, with a further rate increase projected by the end of the … Business • 21 Sep
China keeps benchmark interest rates unchanged China kept benchmark lending rates unchanged at a monthly fixing today, in line with expectations, as fresh signs of economic stabilisation and a weakening yuan … Business • 20 Sep
ECB raises euro zone interest rates again by 0.25% The European Central Bank raised interest rates for the 10th meeting in a row today to counter stubborn inflation but signalled that it is likely … Business • 14 Sep
