interest rates
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U.K News / US News
Christine Lagarde to Leave the ECB Early: What Her 7 February Exit Means for Europe
European Central Bank President Christine Lagarde will step down on 7 February 2027, the ECB announced on Thursday, 29 October 2026. Her departure comes months before her eight-year term was due to end in October 2027, and it opens a race to lead the central bank for the eurozone’s 21 member states at a moment of elevated inflation, volatile bond…
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Federal Reserve Holds Interest Rates at 3.75–4% in 10–2 Vote as December Hike Odds Climb
The Federal Reserve holds interest rates at 3.75% to 4% after its meeting on Wednesday 28 October 2026 in Washington, pausing one month after its first rate rise in three years. The decision keeps borrowing costs unchanged while inflation stays above the central bank’s 2% target, and it sets up a closely watched meeting on 8–9 December 2026 as the…
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