Although the median dot in the FOMC's "dot plot" continues to look for 50 bps of rate cuts by the end of the year, Chair Powell suggested in his press conference after this week's FOMC meeting that ...

Ebbing Middle East fears diminished the USD’s safe-haven appeal, allowing GBP/USD to build on the rebound from four-week troughs of 1.3383.

The Monetary Policy Committee of the Bank of England, at its meeting ending on June 18, voted by a majority of 6-3 to maintain Bank Rate at 4.25%. Three members preferred to reduce Bank Rate by 0.25 ...

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The British pound extended sharp upside on Friday tracking mild weakness in dollar amid lack of activity as US markets were closed on June 19 in observance of Juneteenth. Meanwhile, Bank of England ...

HOME-buyers were made to wait for loan cuts as Bank chiefs held steady on interest rates. Borrowing costs were kept at 4.25 ...

As the markets expected, the majority of the Banks' MPC has voted to keep the base rate on hold for at least another few ...

The escalating conflict in the Middle East is “deeply worrying”, a deputy governor of the Bank of England has warned after ...

The Bank of England did everything it could to avoid ruffling feathers this afternoon — and succeeded. At the time of writing ...

London's FTSE 100 closed lower on Thursday, amid ongoing Middle East concerns, after the Bank of England left interest rates unchanged at 4.25%. The FTSE 100 index closed down 51.67 points, 0.6%, at 8 ...

The Bank of England paused rate cuts at 4.25%, reflecting caution amid weakening UK growth and labor market data. Check out ...

By Willem H. BUITER &Anne C. SIBERT America’s financial outlook has darkened under Donald Trump’s leadership. All three major ...