Sterling treads water as markets look to Bank of England
The pound was little changed on Thursday as markets were focused on a raft of major central bank meetings that will culminate ...
London gold market queues up to borrow central bank gold after big shipments to US, sources say
London bullion market players are racing to borrow gold from central banks, which store bullion in London, following a surge ...
London gold market queues up to borrow central bank gold after big shipments to US
Deliveries to the US left less free-float metal in London vaults, the metal that is not owned by central banks or holdings of ...
How Do Global Interest Rates Affect Your Business?
Interest rate cuts are always good for most businesses, but we may not be getting the dramatic cuts that we were hoping for.
No trade off between financial stability and growth, warns Bank of England
The Bank of England (BoE) governor Andrew Bailey has stressed the need for the UK to increase its economic growth rate as ...
Trump tariff concerns drive gold rush to New York, draining London reserves: Report
The minimum waiting time to load gold out of the Bank of England, which stores gold for central banks, has reached four weeks ...
Gold stockpiling in New York leads to London shortage
A surge in gold shipments to the US has led to a shortage of bullion in London, as traders amass an $82bn stockpile in New York over fears of Trump administration tariffs.
BOE Might Reach Equilibrium Level of Reserves Later This Year
Along with other central banks, the BOE vastly increased its assets and liabilities in the decade following the global financial crisis as it attempted to boost economic growth and inflation. Those ...
Fed hold rates steady, says job market is ‘solid’ while inflation ‘remains somewhat elevated’
The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a ...