Unexpectedly dovish Bank of England decision sends pound and yields lower
The Bank of England put a dovish twist to an expected rate cut, sending the British pound and bond yields lower. The central ...
Bank of England cuts rates and growth outlook, sees inflation 'bump'
The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, but the BoE said it would be careful about further moves in the face of an ...
Bank of England suffers exodus of gold bullion
Thousands of gold bars have been withdrawn from the Bank of England’s vaults since the end of last year amid fears around the ...
Traders are moving so much gold from the Bank of England to the U.S. to avoid Trump tariffs that the waiting time has reportedly octupled
But in some instances, traders must deliver physical gold to fulfill some of their futures contracts. Fears around Trump’s ...
London Gold Market Queues up to Borrow Central Bank Gold After Big Shipments to US, Sources Say
LONDON (Reuters) -London bullion market players are racing to borrow gold from central banks, which store bullion in London, ...
Bank of England slashes UK growth outlook amid Trump tariff threat
The Bank of England on Thursday halved its forecast for UK economic growth this year, blaming global risks amid US tariff ...
London stocks hit fresh record, pound slides, after Bank of England rate cut.
The pound and U.K. government bond yields fell, while London's stock market hit record highs after the Bank of England cut interest rates by 25 basis points to 4.50%. The reduction in borrowing costs ...