Bank of England holds off on rate cut after Fed goes big
The U.K. central bank left its key interest rate unchanged, taking a more cautious approach than the Federal Reserve.
More UK employers plan reduced pay increases for 2025, IDR survey shows
British employers plan to scale back pay increases next year, according to a survey that is likely to encourage the Bank of ...
Economy worries swirl after 'painful' Budget warning
The longest-running measure of consumer confidence fell sharply in September, raising concerns about whether government ...
Bank of Japan set to keep rates on hold after July’s hike shocked markets
The Bank of Japan (BoJ) is expected to keep its short-term interest rate target between 0.15% and 0.25% on Friday, following ...
Wall Street soars to record highs in rally that sweeps world
Wall Street's gains followed rallies for markets across Europe and Asia after the Federal Reserve's interest rate cut ...
GBP/USD tests 1.33 as Greenback weakness prevails
GBP/USD continues to test fresh 30-month highs. Fed rate cut sparks broadbase Greenback selloff.
The Globe and Mail5m
Wall Street soars to records as Dow leaps 500 in a rate-cut rally that swept the world
Wall Street is worried that inflation could remain tougher to fully subdue than ... The FTSE 100 added 0.9% in London after the Bank of England kept interest rates there on hold. The next big move for ...
The Globe and Mail10m
Stocks Finish Sharply Higher as Aggressive Fed Rate Cuts Bolster Economic Optimism
ECB Executive Board member Schnabel said sticky services inflation is keeping headline inflation at an elevated level. The Bank of England (BOE) Thursday voted 8-1 to keep the benchmark interest rate ...
Business Times55m
Europe: Shares advance as global markets cheer Fed’s outsized rate cut
EUROPEAN stocks jumped on Thursday after the US Federal Reserve delivered a 50-basis-point rate cut and flagged that further easing would be measured, raising hopes of a soft landing for the American ...