Money
Bank of England raises rates to 4% as Middle East conflict drives inflation
The Bank of England has raised interest rates for the first time in over three years, citing rising inflation driven by the conflict in the Middle East.
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Money
Bank of England to raise rates to 4% for first time in three years
Analysts expect the Bank of England to lift the base rate to 4% amid rising fuel costs, impacting millions of borrowers.
Money
Fed holds rates steady in 10-2 split as Warsh denies political influence
The Federal Reserve paused rate hikes with a 10-2 vote, as Chair Kevin Warsh insisted politics didn't sway the decision.
