The BoE is the first central bank in a major economy to raise interest rates since the pandemic began
Meanwhile, central banks in other parts of the world look to dial back support
The deal aims to make sweeping changes to how big, multinational companies are taxed, deterring profit stashing
Economic recovery from the pandemic is restrained in both economies, even with U.S. consumer spending rising healthily
A stress test focused on banks and the risk that climate change might increase credit defaults
The second-quarter growth figure was stronger than the 1.5% foreseen by market analysts
Ultra-low interest rates will stay in place until inflation “durably” reaches its 2% target
Approval of the sweeping tax package is likely at the G20 meeting Friday and Saturday
Global warming could have ``profound implications'' for price stability, the central bank said
Slow vaccine rollouts and extended lockdowns have delayed the hoped-for recovery