Sterling rebounded modestly on Friday after its biggest one-day fall since the week after June 2016’s Brexit …
Bank of England
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Banks
UK inflation reaches 5-1/2-year high in September, keeps BoE hike on track
by Yomna Yasserby Yomna YasserBritish inflation jumped to its highest level in more than five years in September, according to official …
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Banks
BoE’s Carney: it may be appropriate to increase interest rates in coming months
by Yomna Yasserby Yomna YasserBank of England’s Governor Mark Carney said there likely will be an interest rate increase in the …
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Banks
Bank of England isn’t just any old central bank, as new book shows
by Yomna Yasserby Yomna YasserIt is a curious thing that while the Federal Reserve garners much hatred in the U.S., the …
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Banks
Brexit talks ‘could fall apart at any time,’ says former BOE policymaker
by Yomna Yasserby Yomna YasserOngoing negotiations between the UK and the European Union could break down at any point, according to …
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forex news
Pound sterling breaks above $1.35 but political uncertainty overshadows
by Yomna Yasserby Yomna YasserThe British pound sterling broke above the $1.35 mark during Friday morning but political uncertainty could undermine …
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Bank of England is taking a close look at financial institutions’ plans to handle Britain’s departure from …
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World
European markets to open lower; investors await Bank of England policy decision
by Yomna Yasserby Yomna YasserEuropean markets are poised to open lower Thursday as investors assess geopolitical developments and look ahead to …
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Banks
What to expect ahead of the Bank of England’s Sept. policy meeting
by Yomna Yasserby Yomna YasserThe Bank of England is expected to hold interest rates steady and make no changes to its …
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Banks
Bank of England holds rates steady, sees two hikes in the next three years
by Yomna Yasserby Yomna YasserThe Bank of England (BOE) held on Thursday interest rates steady at 0.25 percent, as expected, while …