Major advanced economy central banks are likely to take back less than half of the interest-rate hikes they rammed through ...
Rolling coverage of the latest economic and financial news ...
Inflation is accelerating. Read why the current policy stance may need to shift to rate hikes if inflation continues to rise.
Bank of England Governor Andrew Bailey hinted that the UK might be able to lower interest rates before the US, saying ...
There are fears that interest rates could be hiked again as employment holds strong and inflation remains difficult to ...
The U.S. dollar climbed to a fresh 34-year peak against the yen in quiet trading on Monday, with investors taking their cue ...
The pound to Japanese yen (GBP/JPY) exchange rate continued soaring on Friday after the latest Bank of Japan (BoJ) interest ...
The Federal Reserve is stuck in a mode of forecasting and public communication that looks increasingly limited, especially as ...
Barclays is criticised for making the decision to limit how much cash its customers can deposit in a year. The bank says the ...
UK inflation slowed less than expected last month as fuel prices crept higher, prompting traders to further unwind bets on ...
Blue chips had a stellar morning as the FTSE 100 index soared to a new all-time high of 8.073. Though the index has come back ...