UK inflation rate drops more than expected to 3.9% in November
LONDON, UK – Sept. 2021: People seen dining outdoors in Soho in London in September 2021. SOPA Images | LightRocket | Getty Images LONDON — U.K. inflation fell by more …
Central banking
Bank of Japan sticks to ultra-easy monetary policy in light of ‘high uncertainties’
Kazuo Ueda, governor of the Bank of Japan (BOJ), gestures as he speaks during a news conference at the central bank’s headquarters in Tokyo, Japan, on Tuesday, Oct. 31, 2023. …
Major central banks diverge on when the first rate cuts will come
European Central Bank (ECB) President Christine Lagarde gestures as she speaks to the media following the Governing Council’s monetary policy meeting at the ECB headquarters in Frankfurt, Germany, December 14, …
The rally continues but the pace slows
A trader works, as a screen displays a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of the New York Stock …
Bank of England holds, says rates to stay high for ‘extended period’
Buses pass in the City of London financial district outside the Royal Exchange near the Bank of England on 2nd July 2021 in London, United Kingdom. Mike Kemp | In …
Fed holds rates steady, indicates 3 cuts coming in 2024
The Federal Reserve on Wednesday held its key interest rate steady for the third straight time and set the table for multiple cuts to come in 2024 and beyond. With …
Bank of England set to hold interest rates as economists debate 2024 cuts
A passageway near the Bank of England (BOE) in the City of London, U.K., on Thursday, March 18, 2021. Hollie Adams | Bloomberg | Getty Images LONDON — The Bank …
Argentina’s economic measures devalues its currency and cuts subsidies
Argentina’s President Javier Milei addresses the public before lightning the giant Menorah candelabrum, set up for the traditional Jewish Hanukkah (Chanukah) Festival of Lights at a park in Buenos Aires …
Rate cuts ahead? Fed, ECB and other central banks set for pivotal week
Fed Chairman Jerome Powell prepares to deliver remarks to the The Federal Reserve’s Division of Research and Statistics Centennial Conference on November 08, 2023 in Washington, DC. Chip Somodevilla | …
Bank of England warns that higher rates ‘have yet to come through’
A member of the public walks through heavy rain near the Bank of England in May 2023. Dan Kitwood | Getty Images News | Getty Images LONDON — The Bank …