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The Bank of England has a long way to go before its key interest rate is no longer restraining the U.K. economy, and risks seeing inflation fall below its target if it doesn't cut quickly enough, a ...
In a speech at the London School of Economics, Alan Taylor said the key rate should "normalize" at 2.75% if all the shocks that have rocked the U.K. economy over recent years dissipate. At last ...
Britain's 10-year gilt yield was down 1.6 bps on Friday at 4.525%, having risen as high as 4.681% on Wednesday. Wednesday's sharp collapse in British government bond prices was sparked by a U-turn on ...
The European Central Bank (ECB) is expected to hold off on further interest rate cuts until September, as rising trade ...
Binance hired Gemini’s former executive, Gillian Lynch, signaling a renewed focus on European regulatory compliance as MiCA’s transitional period is set to end in July 2026.
The dollar could weaken in the worst-case scenario regarding the potential reimposition of U.S. reciprocal tariffs that are currently paused, UBS Global Wealth Management analysts say in a note. A ...
The head of Italian regional bank Credem , Angelo Campani, died on Friday aged 62, the bank said, adding that it had convened ...
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Power Technology on MSNNine EU member states receive $4bn in total for energy-related projectsThe 34 projects focus on renewable electricity generation, the use and deployment of renewable energy sources, and modernisation of energy networks.
Just two months after President Donald Trump began a brief detente with Federal Reserve Chairman Jerome Powell, he’s ramping up his old pressure campaign. Although Trump has stopped short of ...
"As a result of human-induced climate change, extreme heat is becoming more frequent and intense," the UN's World ...
The link between heat and key economic indicators such as inflation and gross domestic product is too important to ignore, ...
Central bankers who gathered in Portugal this week focused on ways that Europe could improve its competitiveness with the ...
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