Pound on track for fourth week of gains against dollarThe pound was down 0.2% versus the dollar at $1.4178 at 1107 GMT, after hitting $1.4220 on Thursday. It was on track for the fourth consecu...
28 May, 2021, 08.16 PM IST
Bank of England slows bond-buying, raises 2021 growth forecastThe BoE kept its benchmark interest rate at an all-time low of 0.1 per cent and the total size of its bond-buying programme unchanged at 89...
06 May, 2021, 06.05 PM IST
UK economy suffers biggest drop since 1709The economy shrank 9.9 per cent last year, more than twice the figure for 2009 at the height of the global financial crisis, the Office for...
12 Feb, 2021, 07.02 PM IST
Sensex adds 200 points as short covering continues, Nifty near 14,600Jenet Yellen is batting for a huge stimulus to kickstart the virus-battered US economy, which if comes will lead to an unprecedented money ...
20 Jan, 2021, 10.21 AM IST
Dollar languishes at two-month low after Biden clinches U.S. presidencyThe broad dollar weakness had the yen a touch firmer against the U.S. dollar and just below Friday's eight-month peak of 103.18 yen per dol...
09 Nov, 2020, 08.08 AM IST
Dollar sold on stimulus hopes and recovery prospectsEarly in the Asia session the New Zealand dollar extended gains to a one-week peak of $0.6623. The Aussie rose 0.1% to $0.7170, a fraction ...
01 Oct, 2020, 08.05 AM IST
BoE boosts bond buying by $125 billion to counter virus crisisChief Economist Andy Haldane favored keeping QE unchanged.
18 Jun, 2020, 06.27 PM IST
BoE not remotely close to any decision on negative rates: HaldaneHaldane said the key factors for the BoE to consider were the consequences of negative rates for Britain's banks and lenders.
26 May, 2020, 04.24 PM IST
How do negative interest rates work?Over the past week several BoE officials have refused to rule out negative rates.
20 May, 2020, 08.03 PM IST
Dollar weakens as stocks gain; Norway's crown jumps"Markets are quietly risk-on overnight", said Adam Cole, chief currency strategist at RBC Capital Markets.
18 May, 2020, 01.55 PM IST
BoE looking more urgently at negative rates, riskier assets: HaldaneAndy Haldane, refused to rule out the possibility of taking interest rates below zero.
17 May, 2020, 11.47 AM IST
Brexit side-effect: Nobody wants to be Bank of England governorThe UK may need to settle for an ordinary BOE chief, rather than a superstar.
19 Dec, 2019, 02.03 PM IST
Bank of England to keep key rate unchanged as outlook darkensOne of the 20 analysts surveyed predict a unanimous vote to keep the benchmark at 0.75%.
15 Jun, 2019, 03.12 PM IST
Raghuram Rajan in the frame as UK contemplates a foreign central bank bossThe question is whether Brexit Britain is ready to hear them from another foreign Bank of England governor.
12 Jun, 2019, 02.56 PM IST
need2know: Top macro triggers for the dayThe government sold a 2.5% stake in engineering and construction group Larsen & Toubro.
22 Jun, 2017, 08.10 AM IST
This 5,000-year trend in interest rates shows why Greece, China, and Puerto Rico won't cause a global recessionThe seemingly never-ending saga in Greece, the slowdown in China will not cause a global recession, says Bank of America Merrill Lynch.
03 Jul, 2015, 12.35 PM IST
Bank of England chief economist urges against "early lift off" for ratesBank of England should steer clear of an early interest rate hike, and is as likely to cut rates as to raise them in future, its chief econ...
29 Jun, 2015, 10.34 PM IST