UK interest rates have been on hold at an all-time low of 0.5% for six years after Bank of England policymakers voted for no change at their March meeting on Thursday.
The threat of deflation eased across the eurozone in February following a bounce back from heavy price discounting and steeply declining oil prices during the previous month. The 19-member currency bloc saw prices drop 0.3% last month compared with a drop of 0.6% in January, alleviating fears of an alarming deflationary spiral.
Britain’s manufacturers have had a good start to the year, with export orders back in positive territory and some firms reporting a pick-up in demand from European customers.
The German parliament is expected to agree to extend the eurozone’s bailout of Greece on Friday, capping a tumultuous first four weeks in office for the anti-austerity government in Athens.
Societe Generale's notoriously bearish strategist, Albert Edwards, has poured scorn on the belief that the U.S. economy is recovering and predicts "violent" reactions in asset markets during the second half of 2015.
Moody's Investors Service downgraded Russia's sovereign debt to junk status on Friday, citing the crisis in Ukraine and the falling price of oil.
Greece has stepped back from the prospect of a disorderly eurozone exit after reaching a last-ditch deal to resolve the impasse over its €240bn (£177bn) bailout.
The government’s finances improved last month to post their biggest surplus in seven years, after an influx of delayed payments from wealthy taxpayers who benefited from a cut in the 50p top rate of tax.
U.S. Marshals are selling 50,000 bitcoins that once belonged to Ross William Ulbricht, the man charged with being the pseudonymous founder of the online black market site, Silk Road.
Federal Reserve officials are increasingly at odds over how “patient” they should be with record-low interest rates, according to the minutes of the central bankers’ latest meeting.
The last time the Bank of England cut interest rates was in March 2009 and the decision was, in the modern idiom, a bit of a no-brainer.
The experts said it could never happen. There was no way in which Donald Trump could win the Republican nomination for the US presidency.
The Bank of England’s interest rate setters meet against a gloomy economic backdrop this week that could prompt at least one policymaker to push for a cut in borrowing costs to shore up stalling growth.