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 at its meeting ... Read More
The eight foreign exchange committees in the major financial centres are releasing today a revised “Global Preamble: Codes of best market practice and shared global principles” document, which was ... Read More
Today, the Bank of England is publishing the scenario for the 2015 stress test, which will be applied to the largest UK banks and building societies. The scenario has ... Read More
Latest Update at 15:04 US markets have opened and ahead of the latest Federal Reserve minutes, due to be released later, they have got off to a downbeat start. ... Read More
The pound fell for a fourth day against the dollar, approaching a 14-month low, as Bank of England Governor Mark Carney and Chief Economist Andy Haldane signaled they’re concerned that inflation ... Read More
De La Rue’s share price rose after its 10-year deal to print sterling bank notes received the final approval. The printer and passport manufacturer will take on the new ... Read More
Mark Carney’s history is catching up with him. Having watched Quebec’s attempt to break away from his native Canada in 1995 while working at Goldman Sachs Group Inc. Scots ... Read More
U.K. inflation cooled more than economists forecast in July, giving the Bank of England room to keep its key interest rate at a record low. The rate of consumer-price ... Read More
Mark Carney’s focus on weak wages to keep record-low borrowing costs is up against one key foe: the strongest economic growth in the Group of Seven. Minutes of the ... Read More
The pound was about 0.2 percent from its weakest level in eight weeks versus the dollar after Bank of England officials maintained their key interest rate at a record-low ... Read More
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