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' ...

After several decades in which economic technocrats enjoyed a large degree of autonomy, they are under intense pressure from the Trump administration ...

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

Padhraic Garvey at ING commented: “Chair Powell could have been super balanced, or even hawkish. But he effectively chose to ...

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 ...

The dollar fell on Wednesday after U.S. President Donald Trump called on Federal Reserve Governor Lisa Cook to resign, but ...

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

When Sir Keir Starmer took the stage at the 2023 Labour conference in Liverpool, he promised voters he would solve the cost of living crisis if elected.

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.