The UK delayed its implementation of a significant update to international bank capital rules for a third time to allow for more clarity over its rollout in the US.
The Bank of England could face a fresh battle to reassure investors of its commitment to interest rate cuts, with economists warning of inflation above 3% by the spring.Most Read from BloombergA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionNew York,
September, the US Federal Reserve has cut benchmark interest rates by 100 basis points. Yet the yield on 30-year Treasury bonds has risen by around the same amount. This divergence between short- and long-term rates is counterintuitive and far from isolated,
(Bloomberg) -- Britain’s market upheaval has put the spotlight on its Labour government this week, but economists say the Bank of England will also have to rise to the occasion by slowing interest rate cuts. While the BOE is not expected to intervene in ...
Former head of UK central bank enters race to take over from Justin Trudeau as leader of Liberal Party and Canada
It’s not perfect, but the central bank has been better than others in terms of honesty, humility, and willingness to learn from its mistakes.
(Bloomberg) -- Bank of England Deputy Governor Sarah Breeden brushed off this week’s jump in gilt yields and said she is willing to continue with further cuts to interest rates. Breeden said after a speech in Edinburgh on Thursday that the sharp rise in ...
British homeowners were left particularly exposed to rising interest rates after mortgage brokers convinced them to sign shorter-term deals, according to research by the Bank of England.
Bank of Japan officials see a good chance of an interest rate hike next week as long as the arrival of Donald Trump at the White House doesn’t trigger too many negative surprises, according to people familiar with the matter.
Wall Street futures climbed as big US banks posted estimate-topping results and investors awaited a crucial inflation print that they hope will surprise to the downside.
Colombian President Gustavo Petro named two academics to the nation’s central bank, potentially changing the balance of forces on a board which is split over how fast to cut interest rates. Most Read from BloombergThese Homes Withstood the LA Fires.