The Bank of England (BoE) is open to discussions with Britain's government about new ways to help boost economic growth by paring back regulatory requirements for the financial services industry, Deputy Governor Sam Woods said on Monday.
The minimum waiting time to load gold out of the Bank of England, which stores gold for central banks, has reached four weeks, one of the sources said. In normal times, the release time is a few days or a week.
FRANKFURT (Reuters) - Global economic policymakers had been braced for an economic firestorm from the new U.S. administration but instead got a surprisingly restrained start from Donald Trump, who remains big on rhetoric but more cautious on action - for now.
Key Fed decision: The central bank’s expected decision today is the first following Trump’s return to office, which has been marked by a flurry of executive orders as the US president seeks to impose his agenda on Washington.
The pound fell against a rebounding dollar on Tuesday even as U.S. President Donald Trump stopped short of implementing tariffs as signs of a softening British labour market reinforced expectations for a February rate cut from the Bank of England.
As you will notice scrolling through this newsletter, U.S. tariffs are top of mind for just about every sector in Canada – as well as for our climate goals. But U.S. President Donald Trump has made clear that environmental, social and corporate governance (ESG) is not a priority, and the world has thoughts.
Despite recent pro-crypto moves by the Trump administration, short-term enthusiasm for the digital asset remains uncertain.
GBP/USD lost around 0.2% on Thursday as Cable traders await meaningful news.
ECB chief Christine Lagarde (pictured) said the single currency bloc was 'set to remain weak in the near term' as the rate was cut from 3% to 2.75%.
The president bashed Jerome Powell on inflation less than two hours after the Fed chair announced interest rates would stay put. As Bank of America CEO Brian Moynihan may attest, Trump’s timing is not coincidental.
The final dividend of 30.00p (2023: 28.55p) and special dividend of 6.00p (2023: 9.00p) for the year ended 31 December 2024 will be paid, subject to shareholder approval, on 10 March 2025. The final and special dividends for 2024 and 2023 have not been included as liabilities in the financial statements.
The Federal Reserve left its key interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Donald Trump may pursue.