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Pound ticks up after sliding on BoE cut and gloomy forecasts
The pound fell as much as 1.1% after the Bank of England cut rates to 4.5% and slashed its growth forecast for this year to 0.75%, half the previous estimate. It regained some ground when BoE Governor ...
US dollar steady before jobs data, yen hits 9-week high
Britain's pound ticked higher after dropping on Thursday, when the Bank of England cut interest rates and slashed its UK growth forecasts ...
Global central banks are lowering rates — the Fed might not be as inclined
On Friday, the Reserve Bank of India trimmed its repo rate by 25 basis points. A day prior, the Bank of England lowered ...
Shock for UK as Bank of England halves its economic growth prediction
The BoE's predictions follow its decision on Thursday to cut its main interest rate for the third time in six months. The ...