The pound will slide around 10% against the euro by the end of next year as the Bank of England is likely to cut interest rates faster than markets are expecting, according to UniCredit SpA.

Dow Jones Top Markets Headlines at 7 PM ET: Powell Highlights Job Market Worries, Opening Path to Rate Cut | Dow ... The Fed chair opened the door for rate cuts next month when he said the labor ...

Powell said that the 'shifting balance' between unemployment and inflation concerns 'may warrant adjusting our policy stance' ...

Say goodbye to the era of central bank orthodoxy and hello to the new era of central bank dependency, says Jeremy McKeown ...

LONDON (Reuters) -British consumers have turned a bit more confident this month after the latest interest rate cut by the ...

Stock markets fluctuated on Wednesday, with many investors sticking to the sidelines while hoping for clues on US interest ...

When Sir Keir Starmer took the stage at the 2023 Labour conference in Liverpool, he promised voters he would solve the cost of living crisis if elected.

The Office for National Statistics said consumer price inflation was 3.8% in the year to July, up from 3.6% in June. One of ...

Gilts broke out of a week-long slide on Wednesday, surging despite a hot inflation number that threatens to slow the pace of ...

The dollar fell against the euro. Rabobank said speculators could close earlier bets against the greenback in the near term if Jerome Powell remains cautious about rate cuts in an upcoming speech.

British inflation looks set to hit 4% next month, double the Bank of England's target and a level likely to add to ...

Stock markets were mixed Wednesday after a US tech sell-off while investors awaited signals from US policymakers on the ...