Scott Bessent, the new US treasury secretary, said he expected President Donald Trump’s tariffs to be a loaded revolver put ...
US stocks traded lower after fresh data showed the economy added 143,000 jobs in January, fewer than the 175,000 expected by ...
The rationale for the bank’s doves may be to frontload cuts — the UK still has some of the highest rates globally — before the rise in inflation makes it prohibitive. This was the market’s ...
President Donald Trump’s tariff threats have created such strong demand for UK-held gold, traders are facing potentially weeks-long queues for a chance to withdraw it. All existing slots at the Bank o ...
The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate for the ...
The more President Donald Trump threatens tariffs on the U.S.’s trading partners, the more the worry of another inflation ...
The Bank of England on Thursday halved its forecast for UK economic growth this year, blaming global risks amid US tariff threats and deteriorating business confidence in the UK. In an expected ...
Greater challenges await in future meetings when the BoE will be balancing the need to support an ailing economy without ...
Investors grappled with a gloomy set of Bank of England forecasts on Thursday that complicate the outlook for UK assets, with ...
If tariffs are announced, their effect on the global economy and inflation would need to be looked at, he told CNBC’s Steve ...
The Bank of England cut interest rates by a quarter percentage point on Thursday as the UK economic outlook darkens, ...
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