Workers have more money to spend, which drives economic growth ... We’ll explain how the job market and inflation are connected, and how the Federal Reserve uses interest rates to influence ...

Analysts also nudged up their economic growth forecast by 0.1 percentage ... the central bank trimmed its benchmark interest rate to 29% from 32%, citing inflation's downward trajectory.

The Bank of England has cut interest rates ... They cut the forecast for economic growth this year, next year and the following year, as well as raising the inflation forecast.

Pakistan failed to kick-start economic growth in the first seven months of the current fiscal year despite a massive 10 per cent reduction in the interest rate ... experts believe that the impact of ...

Labor market resilience is the driving force behind the economic ... hampering employment growth. Fears of higher prices from tariffs sent consumers' 12-month inflation expectations soaring ...

The central bank’s inflation target is 2 per cent. Weak retail data released in January 2025 had further fuelled expectations that the BOE would cut rates. Following the announcement of the interest ...

What wasn't expected was the scale of the growth downgrade in the bank's accompanying economic ... inflation is the foundation of a healthy economy and it's the Bank of England's job to ensure ...

In a widely anticipated decision, the Bank of England’s Monetary Policy Committee (MPC) has announced a reduction in the UK’s key interest rate from 4.75% to 4.5%. The move comes as the Bank responds ...

HO CHI MINH CITY] Vietnam’s economy recorded stronger consumption in January, driven by the Lunar New Year celebrations, but production showed signs of slowing down as external trade challenges and ...

The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate Thursday for the third ... “Low and stable inflation is the foundation of a healthy ...

High interest rate spreads have profound implications for Nigeria’s economy and key economic ... growth. Unemployment: Restricted financing limits business expansion and job creation. Financial ...