Bank of England scraps fan charts in forecast overhaul
The exterior of the Bank of England in the City of London, United Kingdom. Mike Kemp | In Pictures | Getty Images LONDON — The Bank of England on Friday announced a …
Central banking
The Fed will cut rates before the ECB, former BoE DeAnne Julius said
The Federal Reserve Building stands in Washington. Joshua Roberts | Reuters The U.S. Federal Reserve is likely to cut interest rates before the European Central Bank does, a former member …
New Swiss bank laws could derail UBS’ challenge to Wall Street giants
Sergio Ermotti, CEO of Swiss banking giant UBS, during the group’s annual shareholders meeting in Zurich on May 2, 2013. Fabrice Coffrini | Afp | Getty Images Switzerland’s tough new …
ECB holds interest rates, gives strong signal that cuts are on the way
Christine Lagarde, president of the European Central Bank (ECB), at a rates decision news conference in Frankfurt, Germany, on Thursday, March 7, 2024. Bloomberg | Bloomberg | Getty Images The …
Goldman still expects stubbornly high U.S. inflation to fall this year
Goldman Sachs still expects stubbornly high U.S. inflation to ease over the coming months, despite investors slashing bets for Federal Reserve interest rate cuts, after yet another print showed that …
How the former Fed boss could shake up the Bank of England
Former Federal Reserve Board Chair Ben Bernanke speaks during a discussion on “Perspectives on Monetary Policy” during the Thomas Laubach Research Conference at the Federal Reserve Board building in Washington, …
Fed wants more confidence that inflation is moving toward 2% target, meeting minutes indicate
Federal Reserve officials at their March meeting expressed concern that inflation wasn’t moving lower quickly enough, though they still expected to cut interest rates at some point this year. At …
Gold prices look ‘very vulnerable’ to a setback, strategist says
An employee handles one kilogram gold bullions at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, Dec. 22, 2023. Chalinee Thirasupa | Bloomberg | Getty Images Gold …
CNBC Daily Open: What rate cut?
Federal Reserve Bank Chair Jerome Powell speaks during a news conference at the bank’s William McChesney Martin building on March 20, 2024 in Washington, DC. Chip Somodevilla | Getty Images …
10-year Treasury yield jumps after stronger-than-expected jobs report
Treasury yields climbed on Friday after closely watched nonfarm payrolls data for March surged past expectations. The 10-year Treasury yield jumped 6 basis points to 4.371%. The benchmark note on …