The Federal Reserve lowered interest rates on Thursday by a quarter of a percentage point, its second consecutive rate cut this year, as inflation continues to cool. The economy continues to grow at a ...

The Bank of England’s chief economist has said global economic “disturbances” could affect the path for interest rates cuts after Donald Trump’s victory in the US presidential election. Huw Pill said ...

While prices for most goods have been falling throughout the year, inflation for a wide range of services remains high. That has put a strain on consumers eating out, servicing their cars and paying ...