Inflation, which measures the rate of price increases over time, remains above the Bank of England's 2% target.
The WSJ Dollar Index fell 0.8% — down five of the past six trading days.
"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 ...
Bank of Japan Keeps Rates at 30-Year High; Fed's Preferred Inflation Metric Held Steady in the Fall By Vicky Ge Huang . Today ...
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 ...
LONDON, Jan 23 (Reuters) - Bank of England interest rate-setter Megan Greene said on Friday she remained worried about signs of the pace of wage growth ahead and inflation expectations while a ...
Trump has repeatedly demanded the Fed lower interest rates, criticizing its Chair Jerome Powell for being too late.
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