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.

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.

UK inflation accelerated more than expected in July due to higher food prices and airfares, raising the possibility that Bank of England (BoE) might hold off on cutting rates in the coming months.

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 ...

UK inflation unexpectedly accelerated in July, stoking fresh fears about the cost of living and all but extinguishing hopes ...