Sustained USD weakness helped the Pound Sterling build on its recovery momentum, driving GBP/USD to test the 1.2550 level – ...
Over half of firms contacted in the DMP survey expected to cut staff and 38% thought they would pay lower wages due to the ...
Bond markets in the UK may be more sensitive to fiscal credibility following the turbulence after the 2022 Liz Truss budget. But fiscal sustainability in the UK does not significantly differ from some ...
Central banks wield immense power over exchange rates, shaping the financial pulse of nations. Through strategic monetary ...
Cryptopolitan on MSN22h
UK interest rates cut to 4.5% from 4.75%, their lowest for more than 18 monthsBoE has cut rates from 4.75% to 4.5%. The decision, taken by the Bank’s Monetary Policy Committee (MPC), comes as the UK economy faces sluggish growth and rising concerns over global trade policies.
The Bank of England put a dovish twist to an expected rate cut, sending the British pound and bond yields lower. The central bank, as expected, cut interest rates by a quarter-point, its third ...
PA Media on MSN2h
Bank of England chief economist downplays fears over inflation surgeHuw Pill called an expected rise in inflation this summer an ‘upward blip’ and said it would probably not affect everyday prices longer term.
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