UK inflation climbs to 3.4% as tobacco and airfares drive rising prices

Inflation, which measures the rate of price increases over time, remains above the Bank of England's 2% target.

Dollar weakens against yen amid intervention chatter

The WSJ Dollar Index fell 0.8% — down five of the past six trading days.

Our European Allies Just Exposed Trump’s Core Weakness—and Also America’s

In his speech on Wednesday, our president doubled down on his odd obsession over Greenland, demanding U.S. ownership of the ...

Week Ahead for FX, Bonds: Fed Rate Decision in Focus

"We expect Fed Chair Jerome Powell to emphasize that future rate moves will depend on how the economic data evolve," HSBC economists said in a note. U.S. money markets currently fully price a next 25 ...

Correction: BOJ Keeps Rates at 30-Year High; Fed's Preferred Inflation Metric Held Steady in the Fall

Bank of Japan Keeps Rates at 30-Year High; Fed's Preferred Inflation Metric Held Steady in the Fall By Vicky Ge Huang . Today ...

Bank of England policy setter warns of inflation risk and slowing interest rate cuts

Growing divergence between US and UK monetary policy could increase inflation risks in Britain and complicate the path of interest rate cuts, a Bank of England (BoE) policymaker has warned. Megan ...

Divergence Between Fed and BOE Would Push Up U.K. Inflation, BOE’s Greene Says

Trump has repeatedly demanded the Fed lower interest rates, criticizing its Chair Jerome Powell for being too late.

Bank of England's Greene says she is still worried about inflation pressures

Bank of England interest rate-setter Megan Greene said on Friday she remained worried about signs of the pace of wage growth ...