Now playing Next Economy Bank of England keeps interests rates on hold The Bank of England keeps interest rates on hold as real wages fall and consumers suffer biggest loss of spending power in 40 years. 14/12/2017
Now playing Next Economy The Bank of England raises its interest rate to 0.5 pct from 0.25 pct, the first hike in 10 years Bank of England raises interest rate to 0.5 per cent in the first hike in a decade 02/11/2017
Now playing Next Economy ECB to cut its massive bond-buying programme ECB to cut its massive bond-buying programme 26/10/2017
Now playing Next Economy Brexit weighs on UK economy Interest rates in the UK have again been kept at their record low level of 0.25 percent 03/08/2017
Now playing Next Economy ECB leaves refinancing rate unchanged The European Central Bank has left its benchmark refinancing rate unchanged at 0 percent. 20/07/2017
Now playing Next Economy US job growth rebound makes interest rate hike more likely There was a sharp rebound in job growth in the United States in April as employers hired 211,000 new workers.The unemployment rate slid to 4.4%. 05/05/2017
Now playing Next Economy Federal Reserve set to wait on interest rate hike Economists do not expect the Federal Reserve to raise the benchmark interest rate on Wednesday at the end of its two-day policy meeting. 02/05/2017
Now playing Next Economy America's economy roars with fastest job creation in over two years More positive news for the US economy with March proving to be a bumper month for jobs. 05/04/2017
Now playing Next Economy Russian central bank confounds forecasts with interest rate cut Russian interest rates have fallen to 9.5% on the back of better inflation data. 24/03/2017
Now playing Next Markets Financial markets braced for US interest rate hike Federal Reserve policymakers have started a two-day meeting which is almost certain to produce an increase in the cost of borrowing in the US. 14/03/2017
Now playing Next Economy Fed's Yellen warns against delaying interest rate hikes, speaks of 'uncertainty' over US fiscal policy The US central bank is previewing interest rate rises, with Fed Chair Janet Yellen warning it is "unwise" to wait too long. 14/02/2017
Now playing Next Business Line It's not easy running a central bank in these strange political times Business Line reviews some of 2016's main economic changes and the responses of the Federal Reserve, the European Central Bank and Bank of England. 21/12/2016
Now playing Next Economy US Q3 GDP growth beats estimates Better than expected GDP and Income data from US suggest Federal Reserve will raise interest rates in December. 29/11/2016
Now playing Next Economy German economy is Trump resistant...for the moment German consumption in rude health 24/11/2016
Now playing Next Economy Dollar muscles ahead, strongest since 2003 against basket of currencies The US dollar has been boosted by Donald Trump's election victory and spending plans, and political and economic worries in Europe, Britain and Japan. 18/11/2016
Now playing Next Economy Federal Reserve head Janet Yellen hints at US interest rate hike in December Fed Chair Janet Yellen says Donald Trump's election has done nothing to change the Federal Reserve's plans for a rate increase "relatively soon". 17/11/2016
Now playing Next Economy Bank of England drops planned UK interest rate cut The Bank of England has scrapped plans to cut UK interest rates and took a neutral stance as it raised its forecasts for growth and inflation in 2017. 03/11/2016
Now playing Next Economy Federal Reserve keeps borrowing costs unchanged As expected, the Federal Reserve has kept interest rates unchanged and reinforced expectations for higher borrowing costs in December. 02/11/2016