Rate-setters are likely to signal a cautious approach for the remainder of the year given lingering price pressures in the ...
The Bank of England is set to cut interest rates in its next meeting this Thursday from 4.75% to 4.5%, following ...
It is widely expected that there will be a 0.25 percentage point cut at the Bank of England's first Monetary Policy Committee of the year ...
The BoE is also grappling with sagging UK business confidence and surveys point to corporate redundancies. Data suggests the UK economy probably failed to grow in the final months of 2024.
GBP/USD continues its decline for the fifth consecutive session, hovering around 1.2270 during Monday’s Asian trading hours.
House price growth has started the year slower despite hopes of a boom amid the Stamp Duty rush, the latest Nationwide House ...
The price of gold hit new highs above $2,800 per ounce on the last day of January amid uncertainties about trade and tariffs ...
The European Central Bank cut rates on Thursday, the Bank of Canada on Wednesday, and the Bank of England is likely to do so next week.
The Fed left interest rates on hold at its January meeting and signaled that it was in no hurry to cut rates further. U.S. money markets currently price in just under two 25 basis-point rate cuts this ...
ING is looking for three further cuts later this year, but a shaky jobs market and the prospect of lower services inflation risks pushing the BoE into more aggressive moves. Click to read.
The GBP/USD exchange rate pulled back slightly after the Federal Reserve interest rate decision and US GDP data. It dropped ...