The European Central Bank (ECB) upped its growth forecast for 2014 on Thursday, sending the euro higher, but downgraded its outlook for inflation.» Read More
Retail sales support the dollar and jobs data lifts the pound — it's time for your FX Fix.
An outgoing member of the Bank of England’s Monetary Policy Committee has challenged the governor Sir Mervyn King for his insistence that central banks should buy only government bonds in quantitative easing programs to stimulate growth.
Crowdfunding, the financing of projects by multiple lenders via the internet, experienced record breaking customer numbers and lending in Britain last month helped by a series of public relations disasters for major U.K. banks.
Scotiabank Economist Alan Clarke discusses whether the Bank of England's dovish quarterly inflation report paves the way for further monetary easing.
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Rate talk at the Bank of England boosts the pound, but the New Zealand dollar is coming back to earth — it's time for your FX Fix.
Mervyn King, governor of the Bank of England, says the UK central bank has lowered its forecast for growth amid difficult economic conditions.
Peter Westaway, chief European economist at Vanguard Asset Management, says he expects the Bank of England to do more quantitative easing (QE) in November, though the measure may not be as effective as the first round of QE.
CNBC's Steve Liesman reports the European Central Bank will leave its key interest rate unchanged at 0.75%.
CNBC's Steve Liesman provides a preview of the European Central Bank's move to bring down borrowing costs in the euro zone and how the decision is likely to impact U.S. markets.
The currency is strong against its closest neighbor, the euro, and the cost of its long-term debt is at almost Germanic levels. Yet, to many, the UK doesn’t feel like the safe haven this implies.
Central bank meetings loom and Sweden is on a roll — it's time for your FX Fix.
Bernanke lifts the buck and the pound gets hit — it's time for your FX Fix.
"The Bank of England at that time were desperate to try and get interest rates down because they were so worried about the state of the economy and the state of the financial system and every bank has an incentive to show that it has a low cost of funds to show that it is financially stable," Jan Toporowski, professor of Economics, SOAS, told CNBC.
Bank of England governor Mervyn King and his deputy Paul Tucker are going to be in front of the Treasury Select Committee the Libor scandal isn't officially on the agenda but clearly that is going to come up and may have implications for central bank succession planning. Catherine Boyle has more.
The softening global economy is leading central banks to cut rates, and that could change your carry trade strategy.
"You can trace the weaker U.S. market performance to evidence the U.S. economy itself is starting to slow down," says Jim O'Neill, Goldman Sachs Asset Management chairman, providing perspective on where the markets are going from here.
Charles Dallara, Managing Director, Institute of International Finance discusses the moves by central banks to cut interest rates. He adds that the overall outlook for the global economy remains bearish.
On Thursday, many investors were baffled by the price action in the S&P, which traded in the red, despite catalysts that should have been bullish. What gives?
Weighing in on the Bank of England leaving key interest rates unchanged at 0.5 percent and increasing its asset purchase program total to 375 billion pounds, with Jon Hilsenrath, Wall Street Journal chief economics correspondent, and Robert Brusca, FAO Economics chief economist.