Charting the Global Economy: Fed Goes for Big Rate Cut as BOE Holds
The Federal Reserve kicked off its campaign to lower interest rates with a larger-than-typical half percentage-point cut, while the Bank of England decided against a second consecutive reduction.
UK stocks end higher after BoE keeps rates on hold
UK shares rose on Thursday, tracking gains in global equities after the Federal Reserve initiated a 50-basis-point rate cut, while investors looked ahead to a Bank of England (BoE) policy decision later in the day.
Trump seizes on Fed rate cut to open new line of attack on economy
Trump attributed the rate reduction to either a "very bad" economy or to the Fed's "playing politics" to help Democrats.
Why rate cuts could actually slow the economy instead of sparking growth
Top strategist David Kelly warns of the hidden dangers of a jumbo-sized rate cut after the Fed's recent decision.
Fed’s Waller Says Slowing Inflation Led Him to Support Large Rate Cut
Federal Reserve Governor Christopher Waller said favorable inflation data, and not worries about the labor market, are what convinced him to support policymakers’ decision to lower interest rates by a half percentage point this week.
Fed's rate cut may spark a 'melt-up,' says president of Yardeni Research
Edward Yardeni, president of Yardeni Research, joins ‘Closing Bell’ to discuss warning signs of a melt-up, the markets' response to Wednesday's rate cut, and more.
BOE Set to Refrain From Second Straight Rate Cut
The Bank of England is likely to decide on Thursday against making back-to-back interest-rates cuts, maintaining a patient ...
Sterling feeds on peculiarly high BoE 'terminal rate'
Tight monetary policy coupled with a penny-pinching fiscal agenda usually results in currency appreciation, and sterling is ...
Lawyers for Stratford BOE and school chief meet for hours, but no settlement in discrimination suit
Lawyers for Stratford Superintendent Uyi Osunde and the school board are expected to meet early next month to discuss a ...
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Poll worker threat concerns amid BOE suspicious mail
The Federal Bureau of Investigation (FBI) is investigating a series of suspicious mailings sent to election officials in ...
BoE Keeps Rate Steady, Maintains Pace Of Gilt Stock Reduction
The Bank of England decided on Thursday to maintain its benchmark rate and continue with trimming its government debt holdings, as ...
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FED’s and BoE’s divergent decisions add pressure to the USD
Get insights into the pressure on the USD caused by divergent decisions from the Fed and BoE. Learn about the impact on ...
Sterling’s Rise After BOE Decision Looks Justified
The yen weakened against other G-10 and Asian currencies likely on position adjustments spurred by the FOMC’s decision and Fed Chair Powell’s remarks overnight.
BoE Holds Key Rate As Expected
The Bank of England decided to maintain its benchmark rate on Thursday after a quarter-point cut last month and also extended its ...
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Putnam County BOE announces absentee voting hours
The Putnam County Board of Elections has released the schedule for absentee voting availability at the board office, 575 ...
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FxWirePro- GBPJPY Outlook (Post BOE monetary policy)
GBPJPY surged above 190 after the hawkish rate cut by BOE. It hit a high of 190.38 and is currently trading around 190.32.
BOE’s Mann Says MPC Should Move Slowly Then Cut Aggressively
Bank of England policymaker Catherine Mann said she would prefer to keep rates higher for longer and then cut more ...