A strong pound has increased the chance of a prolonged period of very low inflation, leaving the Bank of England in no hurry to raise interest rates, its senior policymakers suggested.
Abnormally low inflation and interest rates are building up new risks for the global economy, a leading thinktank warned on Wednesday, as it called on governments to play a greater role in shoring up the recovery.
George Osborne has insisted that there will be “no giveaways, no gimmicks” in Wednesday’s budget.
Forget the budget. The financial markets are not remotely interested in what George Osborne has got cooked up for Wednesday. Forget Greece. The money men assume Europe will find a way of kicking the can down the road, as it usually does.
Bitcoin's user base will continue to grow, but its mainstream adoption faces significant headwinds, according to a new report.
After a year of sanctions and a contraction, the Russian economy is ready for the upside. What it needs are economic reforms and international integration - not further sanctions and geopolitical isolation.
China's craze for bitcoins has been well-documented over the past year, but a new report highlights just how dominant of a player the country is.
Recent speeches by Bank of England policymakers have focused on the power of the central bank to influence inflation.
The UK housing market divided sharply last month with London the only region where surveyors reported falling prices.
Goldman Sachs President Gary Cohn told CNBC on Wednesday he is very concerned about the short-term window for oil and said crude prices could fall to $30 a barrel as the industry runs out of storage space.
Governments must urgently pursue more growth-friendly policies to shore up a weakening global economy beset with risks, the head of the International Monetary Fund has said.
Support for staying in the EU has risen among the finance bosses of big British firms, but they are also increasingly jittery as June’s referendum approaches.