The Pound’s Slump Adds to Inflation Headache at Bank of England
The Bank of England faces an extra dilemma ahead of next week’s interest-rate decision, with the slump in the value of the ...
Fed hold rates steady, says job market is ‘solid’ while inflation ‘remains somewhat elevated’
The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a ...
Major Economies' Rate Paths To Split As Economic Growth Divergence Widens
Economic strength in the US relative to other major economies is likely to drive contrasting paths for interest rates ...
UK interest rates will fall faster and further than markets expect, two giant US banks predict
The Bank of England is likely to cut interest rates far further and faster than markets are currently expecting, according to ...
EUR/GBP falls below 0.8400 as continuing losing streak due to a potential ECB rate cut
However, this downside of the EUR/GBP cross could be limited as the Pound Sterling (GBP) remains under pressure amid rising ...
Global news wrap: DeepSeek’s rise, monetary policy announcements, Oscar nominees
Several countries will announce their monetary policies in the coming weeks, including the US, the UK and India. Meanwhile, ...
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Money blog: Much-loved chocolate bar returning to shelves; KFC rival expanding in UK; British bosses admit spying
Nearly 90% of employers admit to using tools to monitor their employees, research has found. Also in Money today: a KFC rival plots its UK expansion, the "magic window" for booking cheaper flights ...
Pound, gold and oil prices in focus: commodity and currency check, 29 January
The pound has slipped 0.2% against the dollar to $1.2418, ahead of the Federal Reserve’s monetary policy decision, which will be announced at 7pm GMT. The US Dollar Index (DXY), which tracks the ...
Volatile borrowing costs stir memories of UK's pensions crisis — but insiders say this time, it's a ‘nice opportunity'
A sharp spike in U.K. borrowing costs this year triggered memories of the 2022 “mini-budget” crisis, which rocked the country ...
Morning Bid: Tech bounces as eyes turn to 'Mag7', Fed meet and Canada cut
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...