Bank of England on track for one more cut in 2024
A second cut in rates in November will most likely be followed by three quarter-point cuts in 2025. Inflation data released ...
Bank policymaker says higher interest rates needed to ‘purge’ inflation risks
Catherine Mann, a member of the Bank’s rate-setting committee, raised concerns over inflation staying at its 2% target level.
Exchange Rates10h
Pound To New Zealand Dollar Week Ahead Forecast: GBP/NZD Tumbles Then Rebounds On Data-Packed Week
The Pound New Zealand Dollar (GBP/NZD) exchange rate trended broadly higher last week as the Bank of England (BoE) kept interest rates on hold. Elsewhere, the New Zealand Dollar (NZD) was able to ...
Exchange Rates10h
Pound To Canadian Dollar Week Ahead Forecast: GBP/CAD Rockets To 77-Month High
The Pound Canadian Dollar (GBP/CAD) exchange rate trended higher last week, as the Canadian Dollar (CAD) was pressured by ...
Business Recorder16h
Sterling rises vs dollar
LONDON: Sterling edged up against the dollar and the euro on Friday, as strong UK retail sale data provided an ...