GBP/USD gains ground as risk appetite takes a step up
After weeks of bullish effort, GBP/USD is finally back above the 50-day Exponential Moving Average (EMA) near the 1.2500 ...
'Brits still feel as gloomy as weather about finances despite inflation easing'
All signals are that the UK economy will head sideways for a big chunk of this year - but there are signs of hope to look for ...
Inflation Heated Up in January, Freezing the Fed; Trump Set to Outline Reciprocal Tariffs
The aggregate boost to inflation from tariffs is likely to be small and from tax cuts smaller still (especially if they are offset with spending cuts). The problem is that Trump has inherited ...
UK economy ekes out 0.1% growth in the fourth quarter, beating expectations
The U.K. economy grew by 0.1% in the fourth quarter, beating expectations, after recording zero growth in the previous three ...
Exclusive: Bank of England's Pill 'cautious' about further rate cuts
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Bank of England rate setter calls for caution amid rising inflation
Bank of England rate setter calls for caution amid rising inflation - Megan Greene said it is unlikely inflation persistence ...
BOE Key Rate Will Have to Remain Restrictive to Tame Inflation, Says Rate Setter
The recent weakness of activity in the U.K. economy is likely due to supply constraints rather than soft demand, suggesting borrowing costs will have to stay restrictive to tame inflation, a Bank of ...
BOE’s Greene Says Key Rate Must Remain Restrictive to Tame Inflation
Supply constraints rather than soft demand caused recent weakness in the U.K. economy, suggesting to BOE member Megan Greene ...
Bank of England rate setter says inflation risk is falling after calling for jumbo rate cut
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EconoTimes2d
UK Economy Poised for Growth, But BoE Rate Cuts Remain Limited
Britain is set for solid economic growth and lower inflation in 2024, but the Bank of England (BoE) has little room for ...
Bank of England to Cut Interest Rates Only Twice More, NIESR Predicts
Despite this, NIESR says BoE only has scope to cut rates by a further quarter point this year and once more in 2026, lowering ...
Russia Burns Through Gold Reserves Amid Economic Turmoil
The slump in gold reserves comes amid record-breaking prices for the precious metal. Russians are piling up on what is considered a safe-haven asset in response to high inflation and strict sanctions ...