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 ...
London gold market queues up to borrow central bank gold after big shipments to US, sources say
London bullion market players are racing to borrow gold from central banks, which store bullion in London, following a surge ...
What the looming federal election could mean for the Bank of Canada’s independence
The Bank of Canada’s independence could be tested as Mark Carney, former governor of both the Bank of Canada and the Bank of ...
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Bank of England publishes blueprint for central bank digital currency
The Bank of England has published a Blueprint framework describing the way in which a digital version of the British pound ...
Mark Carney, the 'unreliable boyfriend' who ran UK's central bank
Mark Carney was the first non-British person to become governor of the Bank of England in its more than 300-year history when ...
UK banks clash with Bank of England over rules on loss-absorbing debt
UK Finance called for the central bank to go further by increasing the size threshold to £40bn-£50bn to take account of inflation since the rule was introduced in 2015. It also called for the active ...
Surprising UK pay growth could delay Bank of England’s interest rate cuts
The surge in wages, coupled with companies reducing their workforce, “muddies the picture” for the Bank of England in terms ...
Former Bank of England Governor Mark Carney Enters Race to Be Canada’s Next Prime Minister
the first non-Brit to run the Bank of England since it was founded in 1694 and the former head of Canada’s central bank, said ...
Bank of England launches emergency fund to prevent repeat of £45bn gilts crisis
The UK's central bank has launched an emergency lending facility to prevent a repeat of the hike in government borrowing ...
Remember the U.K. debt crisis under Liz Truss? Bank of England now has a formal process to handle it.
The Bank of England on Tuesday announced a new emergency measure to deal with debt-market instability like that seen during Liz Truss’s brief tenure as prime minister in 2022.