Sterling reached its highest level against the dollar since December, spurred by unexpected UK economic growth and a ...

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 ...

Bank of England's Huw Pill urges caution on rate cuts due to persistent inflation and weak economic growth, despite inflation ...

The U.K. economy grew by 0.1% in the fourth quarter, beating expectations, after recording zero growth in the previous three ...

A benchmark of global stocks hit a record on Friday while U.S. Treasury yields dipped as some soft U.S. data and the latest ...

Bank of England rate setter calls for caution amid rising inflation - Megan Greene said it is unlikely inflation persistence ...

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 ...

Bank of England policymaker Megan Greene on Wednesday advocated a cautious approach to cutting interest rates, and said it ...

Supply constraints rather than soft demand caused recent weakness in the U.K. economy, suggesting to BOE member Megan Greene ...

Britain is set for solid economic growth and lower inflation in 2024, but the Bank of England (BoE) has little room for ...

Despite this, NIESR says BoE only has scope to cut rates by a further quarter point this year and once more in 2026, lowering ...

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 ...