Alma Winkle

Inflation fell faster than expected last month to its lowest level in almost two and a half years, as the market prepared for the Bank of England's latest interest rate decision.

This morning inflation fell at its fastest pace in almost half a century, but the Bank of England is unlikely to change its cautious approach just yet.

The independence of the US Federal Reserve could be at risk due to rising government deficit, according to a leading analyst.

The US Federal Reserve has kept interest rates on hold for the fifth consecutive meeting as policymakers hope for “greater confidence” that inflation is on track to fall decisively below two percent.

Changing markets today: After Wall Street, Asian markets also high, gold at record high, New Zealand in recession; All eyes are on the Bank of England's policy decision

The UK economy looks set to improve as business activity continued to expand in March, a closely watched survey shows.

Bitcoin hit a new record high last week, but has since lost ground. Profit taking could lead to a selloff, which has also affected other tokens like Ether and Solana.

Bank of England Governor Andrew Bailey said inflation is “moving in the right direction” as policymakers voted to keep interest rates unchanged for the fifth consecutive meeting.

Reduction in interest rates is coming closer. This is the message today from the Bank of England.

Bank of England Governor Andrew Bailey said interest rate cuts are “under way”, indicating a cut could come sooner than the market currently expects.