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The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending 3 August 2016, the MPC voted for a package of measures designed to provide additional support to growth and...

The dollar was hoisted to a more than five-year high against the yen on Thursday. more...

The world economy is set to grow at a sharply lower rate than originally forecast, a new report by the OECD said. more...

The euro inched lower on Wednesday after Moody's cut Spain's government debt rating by two notches, giving up some gains made on a report that France and Germany have reached a deal to bolster the euro zone's bailout fund. more...

Sixteen out of 17 analysts surveyed by Reuters expect the Bank of Korea to keep its base rate unchanged at 3.25 percent for the fourth month in a row at a policy meeting on Thursday, while one predicted a 25-basis-point hike. more...

Goldman Sachs analysts cut their outlook for the price of Brent oil and for copper going into 2012, saying that they see "a flatter upward trajectory for commodity prices, with increasing risks to both the up and the downside." more...

Economists at Citigroup have again cut their global gross domestic product forecasts for 2011 and 2012 as growth prospects “continue to deteriorate quickly.” more...

Standard and Poor's cut its unsolicited ratings on Italy by one notch, warning of a deteriorating growth outlook and damaging political uncertainty, in a move that took markets by surprise and added to pressure on the debt-stressed euro zone. more...

The Swiss franc on Thursday held on to gains made the previous day after a top government official said Switzerland would have to live with a strong currency, while commodity currencies dipped after Brazil unexpectedly cut interest rates, citing worries about the global economy.* more...

One bank in Asia has cut credit lines to major French lenders while five other banks in Asia are reviewing trades and counterparty risk as worries about the exposure of French banks to peripheral euro zone debt mounts, banking sources told Reuters on Thursday. more...

President Nicolas Sarkozy ordered his finance and budget ministers to find new ways to prune the public deficit on Wednesday, as markets fretted over France's strained finances and banks following a U.S. debt downgrade. more...

The US Federal Reserve managed to spark a stock rally on Tuesday, but some economists are now left wondering if it will take tax cuts to inject real life into the broader US economy. more...

Now that Standard & Poor's has done the unthinkable, you need to know who might take the next ratings hit. Here's the list, and how to trade it. more...

What has become clear to anyone who is not actually running a euro zone member state or a central bank in Frankfurt is that reacting to yesterday’s crisis simply leads to tomorrow’s crisis. more...

China's Dagong Global Credit Rating has cut the credit rating on U.S. sovereign debt further to A from A+, Chen Jialin, general manager of the international department at the firm confirmed to CNBC on Wednesday. more...

The euro trimmed losses against the dollar after data Tuesday showed U.S. personal spending fell unexpectedly in June. more...

Following the last-minute debt deal agreed by President Barack Obama and congressional leaders, one strategist is predicting the rating agencies should downgrade US debt by two notches. more...

Ratings agency Moody's has downgraded Greece's sovereign debt ratings by three notches to Ca with a developing outlook from Caa1 and said the country still faced serious medium term solvency challenges. more...

CNBC's Guy Johnson has the story on a general strike shutting down transportation and government offices in Greece. more...

The Greek government expects parliament to vote on its medium-term austerity plan, a condition of a new international bailout, by the end of June, a senior government official said on Tuesday. more...