Bank of England Cuts Rates While Warning of Inflation and Trade War Risks
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
Yen hits 8-week high, sterling drops after Bank of England rate cut
The dollar edged up on Thursday, but stayed close to recent lows, as traders weighed receding trade war risks and looked ...
Bank of England slashes UK growth outlook amid Trump tariff threat
The Bank of England on Thursday halved its forecast for UK economic growth this year, blaming global risks amid US tariff ...
Bank of England's Bailey says UK can't avoid U.S. tariff impact — even if it's not in the direct firing line
If tariffs are announced, their effect on the global economy and inflation would need to be looked at, he told CNBC's Steve ...
Dollar edges up, sterling falls ahead of Bank of England meet
The dollar edged up on Thursday, but stayed close to recent lows, as traders weighed receding trade war risks and looked ...
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Bank of England cuts interest rates to 4.5% and slashes UK growth forecast
The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.
Carney would scrap Canada's capital gains tax hike
Mark Carney will scrap a proposed increase to Canada’s capital gains tax and introduce a tax cut for the middle class if he ...
What the looming federal election could mean for the Bank of Canada’s independence
The Bank of Canada’s independence could be tested as Mark Carney, former governor of both the Bank of Canada and the Bank of ...
Canada 'will stand up to a bully', says PM contender Carney over Trump tariffs
Mark Carney, the frontrunner to be the next Canadian prime minister, has said his country is "going to stand up to a bully" ...
Bank of England poised to slash interest rates in boost to one group of people
The cut should feed through relatively quickly to the 1.5 million homebuyers with mortgages that track the Bank of England base rate, giving these individuals a noticeable boost. However, it is likely ...
'He's a tested product': Island MPs in full support of Mark Carney for Liberal leadership
Mark Carney made a stop in Prince Edward Island on Saturday, backed by all four of the province's members of Parliament who ...