"It will take time for those interest rates to come down and the Bank of England to get control over inflation." Guto Harri, ...

Indeed, core CPI inflation in the UK is currently 3.6% compared to 2. ... A tracker mortgage is usually tied to the Bank of ...

The implied "terminal rate" is currently around 3.4%, which the central bank is expected to reach by the end of next year.

Brent oil was quoted at USD74.57 a barrel early Friday, from USD75.05 at the time of the London equities close on Thursday. Gold climbed to USD2,594.59 an ounce from USD2,585.15. Friday's economic ...

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Wall Street is holding near its records after the Federal Reserve kicked off its efforts to prevent a recession with a bigger ...

Wall Street romped to records Thursday as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to interest rates. The S&P 500 jumped 1.7% for one of its best days of ...

Norway's central bank held its key policy rate at 4.5%, a level that is expected to remain unchanged until the end of the year as a weak krone continues to threaten efforts to bring inflation down.

The U.S. dollar weakened early Friday. A general mood of "risk on" is widely acknowledged as a "gently softer USD adds to the allure of risk assets," said Vishnu Varathan, head of Macro Research for ...

Consumers in the U.K. have become significantly more pessimistic this month, pointing to weaker personal finances and ...

Market Roundup US Continuing Jobless Claims 1,829K 1,850K forecast, 1,843K previous US Current Account (Q2) -266.8B -259.0B forecast, -241.0B previous US Initial Jobless Claims 219K 230K forecast, ...