Trouble at the Office for National Statistics means policymakers cannot rely on key economic numbers, including on employment ...
The GBP/USD pair struggles to capitalize on the overnight bounce from a multi-day low and trades with a mild negative bias, ...
The British central bank announced on Thursday that it would cut the interest rate from 4.75 percent to 4.5 percent, citing concerns about stagnant growth. The decision was made by the Monetary Policy ...
GBP/USD shuddered on Thursday, punching in a technical rejection from key averages and testing below the 1.2400 handle. The ...
Tariff threats switched on and off, Bessent laser focussed on the 10yr yield, and next up is payrolls Friday. Meanwhile, a ...
The weak outlook underlines the challenge facing chancellor Rachel Reeves after she pledged that growth was the government’s number one mission. It raised fresh questions about the fiscal outlook, ...
BoE cuts policy rate by 25bps to 4.5%. US 10-year rate up modestly overnight but down from NZ close pre-Waitangi Day.
The Leander district announced cuts to at least 200 campus-level staff positions in an effort slash a projected $34.4 million ...
The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, ...
LONDON: European shares hit a record high, gold was near one of its own all-time peaks and bond markets were back under ...
AstraZeneca's strong results boosted the FTSE 100 to a record close, aided by the Bank of England's rate cut. The BoE's ...
Asset managers and markets were not surprised by the Bank of England reducing interest rates to 4.5% from 4.75%, putting rates at their lowest point since June 2023.