Markets reprice Bank of England rate cut bets
Bank of England Governor Andrew Bailey attends the central bank’s Monetary Policy Report press conference at the Bank of England, in London, on May 9, 2024. The Bank of England …
Central banking
Bank of England set to hold rates as Europe heads for Fed divergence
Variegated tulips planted in flower beds opposite the Bank of England in the City of London on 7th May 2024 in London, United Kingdom. = Mike Kemp | In Pictures …
Bank of England chief says cutting rates before election wouldn’t be an issue
Bank of England Governor Andrew Bailey addresses the media during the central bank’s Monetary Policy Report press conference at the Bank of England, in London, Britain, on February 1, 2024. …
Turkey’s inflation accelerates to nearly 70% in April
A Turkish national flag, left, and a flag bearing the portrait of Kemal Ataturk, founder of the modern Turkish republic, hang from the exterior of a building in the Sisli …
Japan’s yen had a rollercoaster week. Here’s what happened
An undated photographic illustration of Japanese yen and the U.S. dollar bank notes. Glowimages | Glowimages | Getty Images The Japanese yen weakened to levels not seen in 34 years …
European Central Bank rate cut would be a mistake, economist says
The President of the European Central Bank (ECB) Christine Lagarde gestures as she addresses a press conference following the meeting of the governing council of the ECB in Frankfurt am …
Fed rate decision May 2024: Fed holds rate steady
WASHINGTON – The Federal Reserve on Wednesday held its ground on interest rates, again deciding not to cut as it continues a battle with inflation that has grown more difficult lately. In …
Eli Lilly, 3M, PayPal, Tesla and more
Check out the companies making headlines in midday trading. Eli Lilly — Shares added 5% after Eli Lilly, maker of the Mounjaro diabetes and weight loss drug, beat analysts’ expectations …
Thailand central bank won’t act on ‘political’ pressure: BOT governor
Political pressure won’t force the hand of Thailand’s central bank in making its interest rate decisions independently, the country’s central bank chief told CNBC on Monday. “The proof is in …
Indonesia’s central bank delivers surprise rate hike to support rupiah
The Bank Indonesia headquarters stand in Jakarta, Indonesia Dimas Ardian | Bloomberg | Getty Images Indonesia’s central bank delivered a surprise rate hike on Wednesday, stepping up efforts to support …