Bank of England’s Mann warns of ’embedded’ UK inflation risk after decision to hold
Given uncertainty over the likely performance of the US economy and the Fed’s response, Mann suggested that the Bank needed ...
Bank policymaker says higher interest rates needed to ‘purge’ inflation risks
Catherine Mann, a member of the Bank’s rate-setting committee, raised concerns over inflation staying at its 2 target level.
Sterling rises vs dollar, euro boosted by strong UK retail sale data
Sterling edged up against the dollar and the euro on Friday, as strong UK retail sale data provided an extra boost to the ...
GBP: Growing strength near term – ING
The Pound Sterling's (GBP) rally on yesterday's Bank of England communication looks fully justified. It’s hard to rule out ...
Business Times16m
UK economic data delivers fresh blow to new government
UK state debt is as big as the country’s economic output for the first time since the 1960s, data showed on Friday (Sep 20), ...
Anadolu Ajansi46m
Global markets rally after Fed's 50-basis-point rate cut, positive trends continue
Germany’s DAX 40 hit a record high on Thursday, closing at 19,002.38 points, up 1.55%. The CAC 40 gained 2.29%, the FTSE 100 ...
Morning Bid: Taking Stock After Fed Glow, Japan/China Hold
The big Fed cut alongside news of falling weekly jobless puts the 'soft landing' firmly on track and all stock indexes surged ...