UK Bonds Flip to Gains as BOE Scraps Long-Dated QT Gilt Sales
UK government bonds gained after the Bank of England left interest rates unchanged and scrapped plans to sell long-dated gilts as part of its quantitative tightening program.
UK government bonds gained after the Bank of England left interest rates unchanged and scrapped plans to sell long-dated gilts as part of its quantitative tightening program.
Fed Chair Warsh sells rate hike as a reflection of a strengthening economy
The Bank of England has scrapped plans to sell long-dated gilts as part of a major overhaul of its quantitative tightening program that will see the £488 billion ($650 billion) portfolio unwound by 20…
The Bank of England held interest rates at 3.75% while warning that a hike may be needed if inflationary pressures intensify as a result of conflict in the Middle East.
President Javier Milei’s efforts to tame inflation with a strong currency are taking a growing toll on Argentina’s economy.
The big European carriers have announced recently they’re sending ships through the waterway again
The energy-price shock from the conflict in the Middle East hasn’t fed through to other parts of the economy up until now, according to European Central Bank Governing Council member Olli Rehn.
Britain’s productivity has performed stronger than thought since the global financial crisis after the country’s statisticians found they had been overstating the number of hours people worked.
Read the story in English En uno de los países con mayor inestabilidad política del mundo, un banquero central ha sobrevivido gobierno tras gobierno como ancla de estabilidad económica, sin que ningun…
When Miles Schwartz co-founded payment company Zūm Rails Inc. in Montreal in 2019, he knocked on almost every Canadian venture capitalist’s door looking for funds. They all turned him down.
The BOE is expected to keep rates on hold at 3.75% at Thursday's meeting, with traders likely to focus on the vote split and member commentary. Bloomberg's Morwenna Coniam speaks to Guy Johnson and An…
India’s central bank sold 500 billion rupees ($5.2 billion) of bonds under its open market operation program as it stepped up efforts to drain excess cash in the financial system.
In one of the world’s most politically turbulent countries, a central banker has endured as an anchor of economic stability through government after government, none willing to risk his departure.
European Central Bank Governing Council member Gabriel Makhlouf declined to rule out an interest-rate hike in October if circumstances require it.
South African consumer confidence rebounded in the third quarter, but is expected to remain subdued as household finances come under strain from soaring oil prices triggered by the Iran war and higher…
Singapore’s electronics exports grew at an unprecedented pace in August as the artificial-intelligence boom shows no signs of waning.
Switzerland said economic growth this year will be almost twice as fast as previously expected, while predicting inflation will stay comfortably within the central bank’s target range.
The case to own some parts of the UK stock market is getting stronger, as valuations remain relatively low and elevated oil prices aren’t a bad thing for the FTSE 100.
Czech policymakers are poised to hold interest rates for a second meeting, even as concerns over surging oil prices and a widening budget deficit fuel bets on more tightening to come.
A year ago, when Kevin Warsh was angling to lead the Federal Reserve, he called out the central bank for keeping interest rates too high and touted a technological revolution that would spur growth wi…
The yen’s sharp drop after the Federal Reserve’s hawkish hike is raising the stakes for the Bank of Japan’s policy meeting Friday, with strategists warning the currency could weaken further unless off…
The US Federal Reserve’s hawkish hike is set to pressure Asian currencies, especially the yen ahead of the Bank of Japan’s monetary policy meeting on Friday, according to market strategists.
The Hong Kong Monetary Authority followed the US Federal Reserve in raising interest rates for the first time since 2023, a decision that could threaten a property recovery unfolding since last year.
The Bank of England is expected to hold interest rates as it waits for more evidence that a fresh bout of inflation risks a damaging wage-price spiral.