The Bank of England put a dovish twist to an expected rate cut, sending the British pound and bond yields lower. The central ...

The yen touched an eight-week high versus the dollar on Thursday after a Bank of Japan policy board member advocated ...

The Bank of England and HM Treasury are in the design phase for the creation of a digital pound or central bank ... UK as a global financial center. In a note to CI, Verdian said the update ...

The British pound was seeing notable pressure Thursday ahead of a Bank of England decision where expectations are for a quarter-point rate cut. Vanguard senior economist Shaan Raithatha said his firm ...

Pain for the UK government as BoE cuts growth forecasts but raises its estimates for inflation. The Bank of England cut interest rates again on Thursday, slashing its growth forecast for the year ...

The published design note identifies the key components the Bank and HM Treasury will explore in developing the blueprint. The blueprint is one of four workstreams in the digital pound design phase.

The Bank of England has halved its 2025 growth forecast and cut interest rates by a quarter-point to 4.5%. In a blow to UK chancellor Rachel Reeves, the BoE said it now expected t ...

LONDON (Reuters) -No decision will be made for at least a couple of years on whether Britain will go ahead with a central bank digital currency for the general public, the Bank of England said on ...