The chief of the Federal Reserve, Ben Bernanke, has given a warning the US economy will slow noticeably before the end of the year.
The US Federal Reserve has moved to ease the current stock market crisis by cutting the rate it lends money to banks to 5.75% from 6.25%.
The Financial Services Authority is arguing a rising number of appeals against fines it levies on firms and individuals breaking City rules is slowing down the disciplinary process, reports the Guardian .
The volatility and uncertainty surrounding future oil prices may cause the Monetary Policy Committee to stay its hand in raising interest rates for a second month in a row, says BDO Stoy Hayward.
YESTERDAY'S INFLATION REPORT from the Bank of England can only mean one thing, and that is interest rates are set to continue rising, The Times writes.
The Bank of England has just announced it will raise the base interest rate by 0.25%, the second increase in three months.