User banner image
User avatar
  • Eshe Nelson

Posts

E.C.B. Holds Rates Steady as Markets Look for Hints on First Cut

It was the fifth consecutive decision by the eurozone’s central bank to leave rates untouched, as inflation closes in on the bank’s 2 percent target.

Banks Made Big Climate Promises. A New Study Doubts They Work.

Using European Central Bank lending data, researchers said there was not evidence that voluntary commitments were effective in reducing emissions.

Bank of England Holds Interest Rates After U.K. Inflation Slows

Britain’s central bank held its key interest rate at the highest level in 16 years for the fifth straight meeting.

European Central Bank, Citing Wage Growth, Keeps Rates Steady

Although inflation has eased, the eurozone’s central bank said that “domestic price pressures remain high.” Rates remain the highest in the central bank’s history.

Britain Is Cutting Taxes Again. Why Now?

The government announced a budget as a national election looms. Here’s what you need to know.

Britain Is Cutting Taxes Again. Why Now?

The government announced a budget as a national election looms. Here’s what you need to know.

U.K. to Cut Taxes Again as Election Nears

The Conservative government, trailing badly in the polls, proposed the second tax cut in four months.

U.K. Economy Shrank as 2023 Ended, Tipping Into Recession

Growth contracted 0.3 percent from October to December, the latest sign of a lackluster economy slowed by weak retail sales.

The Squeeze on British Businesses Is Not Letting Up Soon

Company insolvencies hit a three-decade high, with businesses under pressure from high debts, prices and interest rates. The Bank of England held rates steady on...

When Will the European Central Bank Start Cutting Rates?

Interest rate cuts could start as soon as April, investors say. But the eurozone’s central bank, which held rates steady on Thursday, has said it...