Despite the Bank of England’s claim that Bank Rate controls inflation, recent policy decisions — including cutting rates ...

Tackling soaring inflation in the US is the job of the Federal Reserve, the country’s central bank. The Fed has consistently made headlines in recent years due to its role in managing inflation ...

The Bank of England has cut interest rates to 4%, marking the lowest level for more than two years. In a tight decision, rate-setters at the bank opted to cut rates for the third time this year. The ...

A new report shows inflation has picked up and analysts believe the prices of many goods increased, in part, because of President Trump’s tariffs. It will play into decisions by the Federal Reserve ...

The Federal Reserve is monitoring new inflation data as it weighs potential interest rate adjustments due to a shaky job market and ongoing economic challenges. We're looking at core inflation, which ...

Peter Westaway—former adviser to the Bank of England's Monetary Policy Committee and ex-Chief Economist at Vanguard Europe—has spent decades forecasting global markets, shaping monetary policy, and ...

As the Federal Reserve cut its federal funds rate, here’s how it ripples through the economy and influences your finances.

America’s central bankers continue to deal with the double whammy of potentially higher inflation and a slowing labor market, ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...