The pound will slide around 10% against the euro by the end of next year as the Bank of England is likely to cut interest rates faster than markets are expecting, according to UniCredit SpA.

Powell said that the 'shifting balance' between unemployment and inflation concerns 'may warrant adjusting our policy stance' ...

Say goodbye to the era of central bank orthodoxy and hello to the new era of central bank dependency, says Jeremy McKeown ...

Dow Jones Top Markets Headlines at 1 AM ET: Powell Plans U-Turn on an Economic Strategy That Soured | S&P ... The Fed unveiled a strategy five years ago for worries that the economy outgrew. Now, it ...

LONDON (Reuters) -British consumers have turned a bit more confident this month after the latest interest rate cut by the ...

Stock markets fluctuated on Wednesday, with many investors sticking to the sidelines while hoping for clues on US interest ...

Gilts broke out of a week-long slide on Wednesday, surging despite a hot inflation number that threatens to slow the pace of ...

The dollar fell against the euro. Rabobank said speculators could close earlier bets against the greenback in the near term if Jerome Powell remains cautious about rate cuts in an upcoming speech.

Stock markets were mixed Wednesday after a US tech sell-off while investors awaited signals from US policymakers on the ...

The cost of food and non-alcoholic beverages rose 4.9% in the year to July, up from 4.5% in the year to June. It was the ...

Higher food and airfare prices pushed U.K. inflation above expectations in July, official figures showed Wednesday, which has ...

BENGALURU (Reuters) -The Bank of England will cut interest rates by a quarter-point once more this year and then again in ...