A surprise fall in inflation in November has raised hopes that the Bank of England will begin cutting interest rates sooner than expected. Inflation – the rate prices rise at – fell from 4.6% to 3.9% last month, the lowest…
European Central Bank leaves interest rates on hold
The European Central Bank left interest rates unchanged on Thursday for the first time since July last year. The closely watched deposit rate has stayed at 4 per cent, which is a record high. The central bank previously raised rates…