US third-quarter economic growth revised higher
WASHINGTON (Reuters) - The U.S. economy grew faster than previously estimated in the third quarter, driven by robust consumer spending. Gross domestic product increased at an...
Factbox-European companies cut jobs as economy sputters
(Reuters) -Difficult economic conditions and persistently weak demand for many products have forced companies across Europe to freeze hiring or cut jobs. Here are some of the...
Deutsche Bank reacts to BoE's cautious rate cut to 4.75%
The Bank of England (BoE) announced a reduction in the Bank Rate to 4.75%, marking the second cut in its current easing cycle. This move comes as a cautious approach to the rate...
Putin urges 'balanced' central bank rate decision for overheating economy
By Gleb Bryanski and Vladimir Soldatkin MOSCOW (Reuters) -The Russian economy is showing signs of overheating which is stoking worryingly high inflation, President Vladimir Putin...
Big year of central bank easing wraps up with dovish BoE, Fed caution
By Alun John, Naomi Rovnick and Samuel Indyk LONDON (Reuters) - The Bank of England wrapped up a big year of central bank rate cuts by keeping rates steady on Thursday, a day...
Instant view: BoE keeps rates on hold but policymakers more divided
LONDON (Reuters) - The Bank of England kept its main interest rate unchanged at 4.75% on Thursday but policymakers became more divided about whether rate cuts were needed to...
Swedish central bank cuts policy rate, cautious on easing in 2025
By Simon Johnson STOCKHOLM (Reuters) -Sweden's central bank cut its key interest rate by quarter of a percentage point to 2.50% as expected on Thursday, but said that after easing...
TEXT-Bank of England's Monetary Policy Summary
12 noon BANK OF ENGLAND MONETARY POLICY SUMMARY, DECEMBER 2024 The Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps...
Imminent Russian rate hike adds to dismal outlook for house-buyer hopefuls
By Lev Sergeev, Anastasia Bakhur and Alexander Marrow MOSCOW (Reuters) - Soaring borrowing costs are cooling demand in Russia's real estate market, with potential buyers scared...
Bank of England keeps benchmark rate unchanged, as expected
- The Bank of England left interest rates unchanged Thursday, taking a gradual approach towards easing its monetary policy as inflation pressures remain...