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 ...
How Do Global Interest Rates Affect Your Business?
Interest rate cuts are always good for most businesses, but we may not be getting the dramatic cuts that we were hoping for.
Trump tariff concerns drive gold rush to New York, draining London reserves: Report
The minimum waiting time to load gold out of the Bank of England, which stores gold for central banks, has reached four weeks ...
No trade off between financial stability and growth, warns Bank of England
The Bank of England (BoE) governor Andrew Bailey has stressed the need for the UK to increase its economic growth rate as ...
think6h
FX Daily: gilt measures worth only temporary GBP relief
Today the US focus should be on a reasonably strong fourth-quarter GDP release, very much driven by strong consumption. This ...
BOE Might Reach Equilibrium Level of Reserves Later This Year
Along with other central banks, the BOE vastly increased its assets and liabilities in the decade following the global financial crisis as it attempted to boost economic growth and inflation. Those ...
Diverging From the Fed, E.C.B. Cuts Interest Rates as Growth Stagnates
The European Central Bank’s reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve held interest rates.
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 ...
EUR/GBP recovers some lost ground above 0.8350, eyes on ECB rate decision
The markets have priced in almost three quarter-point rate cuts by the BoE in 2025.