The Federal Reserve trimmed the main interest rate by a quarter percentage point Wednesday in its third straight reduction since September, while indicating that it may slow the pace of easing in ...

The Bank of England’s nine-member Monetary Policy Committee kept its main interest rate unchanged at 4.75% Thursday with new data showing inflation rising to 2.6%, further above the bank's 2% ...

The U.K.'s central bank is set to keep interest rates on hold later Thursday as inflation has moved further above its target rate, even though the British economy is flatlining at best. Image: Pixabay ...

The Fed said Wednesday it’s cutting its main interest rate for a third time this year, continuing the sharp turnaround begun in September when it started lowering rates from a two-decade high ...