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BANK OF ENGLAND GOVERNOR
UK inflation unexpectedly sticks at 13-month low before BoE rate decisionUK inflation remained steady at 2.8% in May, surprising economists and the Bank of England. This data influenced currency markets, with Ste...
Dollar sways near 10-day lows as attention turns to BOJ and RBAA preliminary deal to end the Middle East war boosted global risk appetite, sending oil prices down and the U.S. dollar near 10-day lows. I...
Global Market: BoE Governor Bailey stresses need to restore inflation credibility as price risks persistBank of England Governor Andrew Bailey emphasized maintaining public confidence in the 2% inflation target, rejecting calls to raise the go...
RBI may have sold gold to save foreign reserves, BE report showsThe RBI may have sold about $12 billion worth of gold reserves in the two weeks through May 22 to protect its foreign-currency assets amid ...
Raise it, regulators: A repo rate hike - 50 bps increase to 5.75 perhaps - will reduce CAD, incentivise capital flowsIndia's monetary policy committee faces a complex decision. Delayed economic growth data and an unknown US Federal Reserve policy create si...
UK banks still lack access to Mythos AI model, Bank of England governor saysBailey, speaking to Bloomberg TV, said Anthropic was willing to share the models on a trial basis but there appeared to be a political ho...
US Stock Market: Fed veterans urge Warsh to prioritise crisis tools over balance sheet cutsFormer Federal Reserve officials advised incoming Fed Chair Kevin Warsh to focus on clear principles for deploying the central bank's balan...
UK firms should take steps to limit risks from frontier AI modelsUK financial authorities are urging companies to prepare for dangers posed by new artificial intelligence. These advanced AI models possess...
Bank of England's Bailey sees 'wrestle' with US on stablecoin regulationBailey said he was concerned some U.S. stablecoins could not be readily turned into dollars without going through a crypto exchange, poten...
Curbing release of Fed meeting transcripts may improve debate, Warsh says in bookThe release of transcripts of Federal Reserve rate-setting meetings, a cornerstone of its transparency for more than 30 years, undermines t...
Charting the global economy: ECB is leaning toward rate hikesEconomic growth varies globally, with some regions facing inflation and others seeing tech-driven booms. Geopolitical events are influencin...
Quote of the Day by Canadian PM Mark Carney: ‘A world of fortresses will be poorer, more fragile and…’Canadian Prime Minister Mark Carney, speaking at Davos 2026, cautioned against a world of "fortresses," warning it would be poorer and more...
Global markets tread water as yen moves dominate currency tradingGlobal markets steadied as investors tracked sharp yen movements following suspected Japanese intervention. The dollar briefly slid before ...
Give our bullion back: India wants its gold under own lock and keyIndia is rapidly repatriating its gold reserves, bringing the majority home from overseas vaults. This strategic shift, driven by trust con...
Global Market: Asia shares find relief in tech resilience, oil off peakAsian markets rebounded as tech stocks rallied on strong earnings, while Japan intervened to support the yen after its slide. Oil prices ea...
Bank of England holds rates and spells out inflation risks from Iran warThe Bank of England kept interest rates on hold on Thursday and set out scenarios for the economic impact of the Iran war, one of which cou...
Global Market Today: US stock futures gain on tech earnings; Asian shares fallUS equity futures rose, driven by tech giants and AI trade, while oil prices surged amid escalating Iran war uncertainty. The Federal Reser...