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 ...
Bank of England readies rate cut and could hint at more to come
The Bank of England looks likely to cut interest rates next week, when it could also nudge investors to expect faster ...
Sterling treads water as markets look to Bank of England
The pound was little changed on Thursday as markets were focused on a raft of major central bank meetings that will culminate ...
Best savings accounts that offer above-inflation rates, 31 January
After years of low rates, high-yield savings accounts are having a moment as the Bank of England (BoE) kept interest rates at 4.75% in December. While homeowners face high mortgage rates, there is a ...
Job Market ‘Solid,’ Inflation ‘Remains Somewhat Elevated,’ Fed Says
The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a ...
Five graphs the Bank of England will assess before interest rate decision
The Bank of England's first interest rate decision of 2025 will take place next week, and investors widely expect a third ...
Markets brace for Trump tariffs, US inflation data
Global stocks steadied on Friday after a volatile week due to the emergence of a low-cost Chinese artificial intelligence ...
Yen set for best January since 2018; dollar firm ahead of tariff deadline
The yen was set for its best January performance since 2018 on Friday, driven by the expectation for Japanese interest rates ...
UK Budget fallout adds to Bank of England dilemma on interest rates
Employers are cutting jobs and raising prices to offset tax increases, with wages still growing too fast for policymakers’ ...