(Alliance News) - A policymaker at the Bank of England has said interest rates need to stay higher for longer in order to "purge" the risks to UK inflation. Catherine Mann, an economist and member of ...

Catherine Mann, a member of the Bank’s rate-setting committee, raised concerns over inflation staying at its 2% target level.

Stock futures edged lower as the dust settled after Thursday's rally, and bond yields traded just shy of two week highs. Investors will see option contracts tied to more than $5 trillion in tradeable ...

The Bank of England (BoE) is expected to announce its fifteenth consecutive ... However, this decision is being reconsidered due to softer than anticipated UK inflation data for August. The Pound ...

In the bond market, the yield on the 10-year Treasury held steady at 3.71%, where it was late Wednesday. The two-year ...

The GBP/USD outlook shows solid bullish momentum after a supersized Fed rate cut and a pause by the Bank of England.

Asian shares extended their rally on Friday, bathing in the afterglow of an outsized interest rate cut in the United States, ...

Amid fears of an expanding war in the Middle East following mass detentions of bombs surreptitiously planted in Hezbollah ...

Tight monetary policy coupled with a penny-pinching fiscal agenda usually results in currency appreciation, and sterling is ...

UK state debt is as big as the country's economic output for the first time since the 1960s, data showed Friday, as the new ...

The pound was quoted at USD1.3322 early Friday in London, from USD1.3268 at the time of the European equities close on Thursday. The euro stood at USD1.1172, up from USD1.1145. Against the yen, the ...

Bank of England policymaker Catherine Mann said she would prefer to keep rates higher for longer and then cut more ...