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VIDEO: Interest rates 'lower for longer'

Interest rates should remain low to avoid long-term economic stagnation, the chief economist at the Bank of England has said.

Interest rates should remain low to avoid long-term economic stagnation, says the chief economist at the Bank of England.

The Bank of England holds UK interest rates at a record low of 0.5% for another month.

A new IMF report warns that there are risks to global financial stability that could derail the economic recovery.

The European Central Bank lowers its benchmark interest rate to 0.05% as it looks to kick-start the flagging eurozone economy.

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