CurrenciesUS dollar slips as Fed’s Powell says he still expects rate cuts this yearMarch 6, 2024108The euro was 0.28% higher against the dollar at $1.08865, its highest since February 2."Fed Chairman Powell's opening statement to...
EconomyBritain is living beyond its means – slashing investment won’t helpMarch 5, 202446The UK is not the only G7 country living beyond its means, overwhelmed by a cacophony of competing grievances. France...
BankingIMF warns of new banking crisis year after Silicon Valley Bank collapseMarch 5, 202498A year after the collapse of Silicon Valley Bank, the International Monetary Fund has warned that US lenders' continued exposure...
CurrenciesDollar edges up versus euro ahead of ECB and U.S. dataMarch 5, 2024113The euro was 0.06% lower against the dollar at $1.08495. Most major currency pairs, however, traded in familiar ranges."The G10...
BankingInterest rates will have to stay high for years, warns top central bankMarch 4, 2024122Persistent inflation means central banks across the world will be forced to keep interest rates high for years to come...
CurrenciesDollar dips as U.S. inflation reading meets expectationsFebruary 29, 202492U.S. prices picked up in January, but the annual increase in inflation was the smallest in nearly three years, keeping...
MortgagesMortgages with interest under 1% – a new era in home financing?February 27, 202449Own New in the UK has launched a mortgage product that will enable borrowers to take out a loan with...
BankingThe Bank of England risks pushing Britain into an economic death trapFebruary 23, 202473TS Lombard’s Mr Perkins says the Bank of England is haunted by false fears of a 1970s wage-price spiral, misreading...
CurrenciesDollar firms past 150 yen as U.S., Japan rates outlook divergeFebruary 20, 202473Ahead of the outcome, the offshore yuan edged marginally lower to 7.2143 per dollar.The greenback last bought 150.25 yen, having already...
BankingSurging wages to pull Britain out of recession, say economistsFebruary 19, 2024113Mr Tombs said this will aid spending and prompt the return of economic growth after GDP shrank by 0.3pc in...