Economists polled by Reuters expect the figures to show that consumer price inflation climbed to 2.2 per cent in October, up from 1.7 per cent in September and back above the BoE’s 2 per cent target.
Fed watchers see a greater chance the central bank may skip a rate cut at its last meeting of the year in December.
The European Central Bank should cut interest rates further to support a nascent economic recovery in the euro zone, also in ...
A gauge of global stocks was set for its biggest weekly drop in two months and the 10-year U.S. Treasury yield hit its ...
The U.S. dollar extended its broad rally early on Friday, towering at one-year highs as a hawkish turn from the Federal ...
The divergence between EUR and US rates continues. While the ECB endpoint is being recalibrated lower, a more hawkish Powell ...
A European Central Bank rate cut last month was seen as an insurance move against unexpectedly low inflation but policymakers ...
In the currency markets, the dollar towered against its major peers at a one-year top. It gained for five days on the yen, up another 0.2% to 156.56, the highest since July.
The immediate consequences of Trump’s election will be more meaningful for the Bank of Japan. Policy board members have long indicated that excessive yen weakness would prompt an earlier rate rise.
The S&P 500 Index ($SPX) (SPY) today is down -0.12%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.04%, and the ...
Risk-management considerations were a key reason the European Central Bank decided to bring forward an interest-rate cut last ...