Rachel Reeves has indicated that future energy support will be targeted, suggesting middle-income households may miss out as the government responds to the fallout from the Iran conflict.
UK economy ‘stuck’, says Bank of England governor
The Governor of the Bank of England has said he understands why many people feel the UK economy is “stuck” after a prolonged period of weak growth.
BoE’s Huw Pill Warns Persistent Inflation Could Slow Further Rate Cuts
Huw Pill, Chief Economist at the Bank of England and one of four members who opposed this week’s rate cut, has cautioned that persistent inflationary pressures could temper the pace
Fed Holds Rates Steady, Rejects Trump’s Call for Immediate Cut
The US Federal Reserve has held interest rates unchanged, defying calls from Donald Trump for an immediate cut.
Fed Expected to Keep Rates Unchanged Despite Trump’s Call for Major Cuts
The US Federal Reserve is widely expected to keep interest rates unchanged this evening, resisting calls from Donald Trump for aggressive cuts to borrowing costs.
Federal Reserve Chief Sounds Alarm Over Debt Amid Trump’s Tax Cut Push
Fed Chair Warns US Debt Path ‘Not Sustainable’ as Trump Pushes Tax Cuts
US-UK trade deal to be announced (3pm UK time)
Downing Street has confirmed that Prime Minister Sir Keir Starmer will provide an update later today on the ongoing trade negotiations between the UK and the United States. A Number
Federal Reserve Holds Rates Steady Amid Trade War Tensions
The US Federal Reserve has voted to keep interest rates unchanged, citing growing economic “uncertainty” linked to President Donald Trump’s ongoing trade war.
Fed Expected to Postpone Rate Cuts Despite Pressure from Trump
Fed Unlikely to Cut Rates Before July Despite Trump Pressure, Says Goldman Sachs
No. 10 dismisses Reeves’ suggestion that Trump is to blame for the weak economy.
Downing Street has rejected Rachel Reeves’ suggestion that Donald Trump was responsible for Britain’s economic underperformance.
Economists predict that the Fed will lower interest rates twice this year.
Economists expect the Federal Reserve to delay any interest rate cuts until September amid concerns over a potential stagflation scenario in the US.
Reeves confronts a looming £20bn shortfall as the economy weakens.
Rachel Reeves faces a looming £20bn deficit in public finances, driven by soaring interest rates and weakening economic growth, economists at JP Morgan warn.