The GBP/USD pair extends the decline to near 1.3625 during the Asian trading hours on Thursday. The Pound Sterling (GBP) ...

This is an audio transcript of the Rachman Review podcast episode: ‘Is the US heading for a debt crisis?’ ...

British food prices accelerated by the most since March 2024 in June, pushing up overall shop prices rose for the first time in nearly a year, according to a survey from a retail industry group which ...

A Bank of England policymaker has urged for three additional interest rate cuts in 2025, warning that the inflation outlook ...

The head of the European Central Bank said inflation has become more unpredictable due to shocks like the Covid pandemic and Russia’s invasion of Ukraine — and that policymakers need to take the ...

WASHINGTON—Federal Reserve Chair Jerome Powell on Tuesday stuck to his position that the central bank will keep its key rate ...

Pound Sterling stays under heavy selling pressure on Wednesday as markets assess the latest political developments in the UK. At the time of press, GBP/JPY was trading at its lowest level in two weeks ...

Bank of England policymaker Alan Taylor has urged his colleagues on the Monetary Policy Committee to vote for faster interest rate cuts in order to allow a soft landing on the inflation path ...

Unemployment rose to 6.3% in the 20-nation currency area, up from 6.2% in April, the European Union's statistics agency Eurostat said Wednesday. A consensus of economists polled by The Wall Street ...

Taylor said the expected slump in demand due to a higher global average tariff rate should drive officials to vote for ...

Monetary Policy Committee member Alan Taylor flagged a ‘deteriorating outlook’ in the UK economy as trade woes mount.

Speaking to Bloomberg TV on the sidelines of a conference hosted by the European Central Bank at Sintra, Taylor said the BOE might decide to change the amount it seeks to cut from the portfolio--a ...