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Longer-term interest rates do not always decrease when the Fed cuts short-term rates. Following the Fed's cuts last year, 10-year bond yields increased, hitting a high of 4.8% in January, according to ...
UK private sector growth slowed in July as rising costs, new taxes and global trade tensions hit business confidence. The PMI ...
An 83% majority of economists, 62 of 75, expect two more 25-basis-point cuts this year – in August and November – maintaining ...
The S&P Global UK Composite Purchasing Managers' Index (PMI), published on Thursday, slowed to 51.0 points from 52.0 in June, ...
GBP/USD gains momentum to around 1.3525 in Wednesday’s early European session.
Trump’s firing of 1,300 DOE workers is bad news for all student loan recipients and K-12 students alike. Truthout’s ...
The Pound Euro (GBP/EUR) exchange rate gained ground on Monday as a pullback in Bank of England (BoE) interest rate cut bets ...
The GBP/USD pair kicks off the new week on a subdued note and oscillates in a narrow band, just above the 1.3400 round figure during the Asian session. Meanwhile, spot prices remain well within ...
Major Wall Street brokerages have withdrawn their expectations for a September interest rate cut by the Bank of England, as ...
BofA has also raised its headline inflation forecast for 2025 from 3.1% to 3.2%, with inflation now expected to peak at 3.7% ...
British pay growth slowed in May and employee numbers dropped further last month, but the cooling in the labour market which ...
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