Monetary policy to remain "restrictive for an extended period of time," the Bank of England governor said
The recovery after stringent pandemic restrictions were lifted was short-lived
Bitcoin has surpassed US$41,000 for the first time since April 2022
Most of the surveyed economists expect inflation to continue to slow in 2024
Federal Reserve expected to hold interest rates at December meeting
U.S. prices were unchanged from September to October
The company agreed to pay more than $4 billion following an investigation
Still, the Federal Reserve chair didn't rule out another increase
Panel joins several other forecasters in revising downward its outlook for Europe's biggest economy
The central bank warned that borrowing costs will likely stay elevated for some time