(Alliance News) - A policymaker at the Bank of England has said interest rates need to stay higher for longer in order to "purge" the risks to UK inflation. Catherine Mann, an economist and member of ...

World stocks hovered near record highs on Friday, underpinned by a big interest rate cut from the Federal Reserve earlier ...

Stock futures edged lower as the dust settled after Thursday's rally, and bond yields traded just shy of two week highs. Investors will see option contracts tied to more than $5 trillion in tradeable ...

Huw van Steenis, vice chair of Oliver Wyman and former advisor to Mark Carney, discusses the Bank of England's decision to ...

In the bond market, the yield on the 10-year Treasury held steady at 3.71%, where it was late Wednesday. The two-year ...

The GBP/USD outlook shows solid bullish momentum after a supersized Fed rate cut and a pause by the Bank of England.

Asian shares extended their rally on Friday, bathing in the afterglow of an outsized interest rate cut in the United States, ...

Amid fears of an expanding war in the Middle East following mass detentions of bombs surreptitiously planted in Hezbollah ...

Tight monetary policy coupled with a penny-pinching fiscal agenda usually results in currency appreciation, and sterling is ...

LONDON (Reuters) -British retail sales rose by a stronger-than-expected 1% in August and growth in July was revised up, ...

The chancellor was handed more room for manoevre as a result of a Bank of England decision to slow the pace of its ...

The pound was quoted at USD1.3322 early Friday in London, from USD1.3268 at the time of the European equities close on Thursday. The euro stood at USD1.1172, up from USD1.1145. Against the yen, the ...