Bank of England cuts rates but sees higher inflation after Reeves’ budget
By Andy Bruce, Suban Abdulla and David Milliken LONDON (Reuters) – The Bank of England cut interest rates on Thursday for only the second time since 2020 and said future…
Editor’s Pick
2746 posts
Trade barriers create financial risks, ECB’s Knot says
AMSTERDAM (Reuters) – Increasing geopolitical tensions and rising trade barriers create economic risks and make it harder to counter new shocks to the international financial system, European Central Bank governing…
Bank of England policymakers speak after cutting rates
LONDON (Reuters) -The Bank of England cut interest rates on Thursday for only the second time since 2020 and said future reductions were likely to be gradual, seeing higher inflation…
Developing world faces multi-billion climate adaptation cash gap, U.N. report says
By Simon Jessop LONDON (Reuters) – The amount of finance provided to developing countries to help them adapt to the impacts of climate change is far short of the $359…
Bank of England cuts base rate by 25 bps to 4.75%
Investing.com – The Bank of England cut interest rates as expected Thursday, its second reduction this year, but the future path of monetary policy looks uncertain. Policymakers voted 8 to…
Open enrollment tips: Don’t overlook these three key benefits
By Chris Taylor NEW YORK (Reuters) – A couple of years ago, Amanda Coffee and her husband were poring over her company’s open enrollment options, when she noticed an intriguing…
Tapestry raises annual earnings target on robust Tabby handbags demand
(Reuters) -Tapestry raised its annual earnings target and topped market expectations for first-quarter revenue on Thursday, as the Coach parent benefited from full-prices sales of its popular Tabby handbags. Shares…
Fed to cut rates, but with a new landscape to decipher after Trump win
By Howard Schneider WASHINGTON (Reuters) – The U.S. Federal Reserve is expected to reduce its benchmark policy rate by a quarter of a percentage point at the end of its…
With Trump win, India open to freeing up market access for U.S. firms, sources say
By Shivangi Acharya and Krishn Kaushik NEW DELHI (Reuters) – India is open to offering easier market access for U.S. firms if Washington reciprocates under President-elect Donald Trump, who has…
Norway keeps interest rate at 16-year high, says restrictive policy needed
By Terje Solsvik and Gwladys Fouche OSLO (Reuters) -Norway’s central bank held its policy interest rate unchanged at a 16-year high of 4.50% on Thursday, as unanimously expected by analysts…