On Wednesday morning, Bank of Canada Governor Tiff Macklem told Canadians that they can “breathe a sigh of relief” in the habitual post-interest...
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The EURGBP pair extended its losing spree for the fifth trading session on Tuesday. The cross weakened as the Pound Sterling (GBP) strengthened on expectations that the process of policy-easing by the Bank of England in the remaining year would be slower than other central bankers from its major peers. BoE Governor Andrew Bailey said in his speech at the Jackson Hole Symposium on Friday that the central bank “would be careful not to cut interest rates too quickly or by too much”. The BoE announced its first-ever interest rate cut on August 1, ending its two-and-a-half year-long restrictive monetary
On Wednesday morning, Bank of Canada Governor Tiff Macklem told Canadians that they can “breathe a sigh of relief” in the habitual post-interest...
There is no urgency for the European Central Bank to cut interest rates quicker and it could even live with a small, temporary undershoot of its...
The Federal Reserve has cut its key interest rate by a quarter-point in response to the steady decline in inflation.
BRITAIN’s pivotal tax, borrow and invest budget has elevated the Bank of England’s (BoE) interest rate horizon but sterling has hesitated and...
The central bank brought its key policy rate down by half a percentage point to 3.75 per cent on October 23 after Canada’s inflation rate fell to...
Let’s start with the good news: it looks like the global battle against inflation has largely been won, even if price pressures persist in some...
By Gunther Schnabl In early August 2024, Japan played a prominent role in a global financial mini-crash. Markets reacted violently to the...
The central bank said future cuts would be gradual amid higher inflation forecasts after the new government introduced spending and tax increases in...
The Reserve Bank will be interrogated over why it hasn't lowered interest rates despite price growth easing in recent months.
By Antony P. Mueller In office for just over nine months, Argentine President Javier Milei continues to face enormous economic and political...