Bank of England governor Mark Carney has said the Bank does not yet consider negative interest rates to be an appropriate stimulus measure for the UK.
US factories have suffered their worst month for three years, heaping further pressure on the Federal Reserve to hold off from raising interest rates when it meets next month.
The pound tumbled to a seven-year low and the UK was warned its credit rating was at risk on Monday as the effect of Boris Johnson’s backing for the Brexit campaign was felt in financial markets.
A vote to leave the EU in June’s referendum will threaten the UK’s strong credit score, potentially pushing up the cost of government borrowing, the ratings agency Moody’s has warned.
Members of the Treasury select committee get the chance to grill the governor of the Bank of England on Tuesday.
If things in the marker seem scary, maybe that's because they are scary. That's the message from one widely followed fixed income investor.
US inflation continued to climb in January to a rate of 1.4 per cent, beating analysts' expectations.
The European Central Bank is expected to take further action to stimulate the eurozone economy at its next meeting in March.
Japan's central bank kept rates steady at its meeting Wednesday, but issued a plethora of fresh changes to its policy approach, marking its latest attempt to boost prices and goose economic growth.
A member of the Bank of England’s Monetary Policy Committee (MPC) believes the UK economy is likely to slow less than most economists are expecting after June’s Brexit vote.