Rolling coverage of the latest economic and financial news. Midland Clawback Campaign challengs HSBC over pension cuts ...
The Bank of England’s rate-setting body is likely to keep interest rates on hold at 5.25% for the sixth time in a row when it meets on Thursday, as stronger wage and inflation data has pushed back the ...
WTI crude ETF United States Oil Fund LP USO lost 3.1% on May 1, 2024 due to a slew of news. Global business activities are falling, leading to lesser demand for oil. Meanwhile, higher U.S. crude ...
The state-owned company is set to distribute $124bn in total dividends this year, a 66% increase since 2021 ... MPC to set ...
Beyond the BoE meeting, the nation’s GDP numbers for the first quarter are out on Friday, and will likely show that economic growth flipped positive after a minor contraction late last year.
GBP/USD was last seen trading slightly above 1.2550, where the 200-day Simple Moving Average (SMA) is located. If the pair manages to end the week above this key level, 1.2600-1.2610 (Fibonacci 50% ...
The Fed announced its sixth straight rate hold yesterday and signaled that 2024 rate cuts are not on the near horizon. What ...
The prospect of high interest rates for a longer period of time could exacerbate the financial pain already imposed by ...
The British pound slipped against the dollar, having risen the day before after the Federal Reserve's policy meeting, while ...
The decision raises the prospect of turmoil in international currency markets where the Japanese yen has been falling and hit ...
The Federal Reserve held interest rates steady Wednesday, as inflation remained stubbornly above the Fed's 2% target.