Showing results for "#Bank of England"
Dollar tumbles as Fed says disinflation in play
The dollar dived following Powell's remarks. Against a basket of currencies, the U.S. dollar index fell to a fresh nine-month low of 100.80 on...
Rupee gains 47 paise to close at 82.41 against US dollar
The pound fell sharply against the US dollar after the Bank of England raised rates by 75 bps on thursday.
Bank of England warns of longest recession in 100 yrs
A 0.75 per cent increase, the latest in a series of eight interest rate rises since last year, would not be enough to guarantee victory in the war...
Sterling slumps ahead of BoE decision after Fed hikes rates again
The dollar's rise was particularly pronounced against the pound, with traders selling sterling in expectation the BoE would strike a less aggressive...
European stocks hit six-week high, investors focus on Fed
Asian shares strengthened, following mild losses on Wall Street on Monday, as investor focus shifted to the U.S. Federal Reserve's rate decision on...
What is Rishi Sunak's solution to Britain's problems?
Sunak ran unsuccessfully to be prime minister earlier this year, setting out a full policy platform.
Sterling pauses after fiscal U-turn rally, yen scrabbles off low
The Bank of England (BoE) is likely to further delay the start of its sales of billions of pounds of government bonds to help stabilise government...
Sterling awaits for BoE deadline, fragile yen tests 1998 low
A fragile yen languished near a fresh 24-year low, while markets were also on edge ahead of U.S. inflation data due later in the day for possible...