The fall in oil prices has been a “net good” for the economy, Bank of England deputy governor Ben Broadbent has said. He told BBC Radio 5live’s Wake Up ... Read More
Bank of England maintains Bank Rate at 0.5% and the size of the Asset Purchase Programme at £375 billion The Bank of England’s Monetary Policy Committee (MPC) sets monetary ... Read More
Currency traders react to Mark Carney’s downbeat assessment by selling pound to $1.42, its weakest since March 2009 The Bank of England governor has sent the pound into a nosedive after ... Read More
Guest Commentator of CFETS, Dec 11th, 2015 The China Foreign Exchange Trade System (also known as CFETS) has published CFETS exchange rate index on its website on December 11th. ... Read More
The Royal Bank of Scotland Group plc, HSBC Holdings plc, Barclays PLC and Standard Chartered PLC have issued press releases to announce their results in relation with the 2015 ... Read More
The chairman of investment bank UBS, Axel Weber, has played down the potential of crypto-currencies such as Bitcoin. During a discussion at the Bank of England’s Open Forum, he ... Read More
Bank of England governor comments in exclusive interview Says foreign investment key consideration in Brexit debate Mark Carney says Britons should be ready for a rate increase in 2016. ... Read More
In a talk given at the Portadown Chamber of Commerce in Northern Ireland on September 18, Andrew G Haldane , Chief Economist at the Bank of England (BoE), has hinted at the possibility ... Read More
The sudden end of the Fed’s ambition to raise interest rates above the zero bound, coupled with the FOMC’s minutes, which expressed concerns about emerging market economies, has got ... Read More
Sterling fell to a 1-1/2-month low against the dollar on Thursday after data showing the United States grew robustly in the second quarter, boosting a view that U.S. interest ... Read More
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