In a world preoccupied by crises, the global economy has taken something of a back seat. But there are signs it is in trouble despite being awash with cash from low interest rates.» Read More
Repairing the economy and regulating banks is “the biggest challenge the Bank [of England] has faced for decades,” Sir Mervyn King said on Wednesday in a speech in which he conceded for the first time he should have “shouted from the rooftops” about risks before the financial crisis.
The British pound is likely to rise further against the euro in the near term despite its fall on Tuesday as it is still seen as a safe play, but in the long term it will weaken, according to currency analysts.
The dollar's in the dumps and hedge funds are getting gloomy - it's time for your FX Fix.
Chairman of Goldman Sachs Asset Management Jim O’Neill is among candidates in the running to replace Bank of England governor Mervyn King who leaves in June 2013, the Sunday Times reported, without citing where it got the information.
The European Central Bank is pushing to stimulate the economy, but this analysis says they won't get far.
Bernanke dents the dollar and euro zone sentiment falls - it's time for your FX Fix.
Central banks in Europe are increasingly reluctant to pump more money into markets after already massive liquidity injections intended to kick-start economic growth but they may have no choice.
Sean Callow, Senior Currency Strategist, Westpac Bank expects further quantitative easing from the Bank of England.
Euro zone worries mount and Malawi has a currency problem - it's time for your FX Fix.
The Bank of England left its key lending rate unchanged Thursday. CNBC's Ross Westgate weighs in.
Anyone expecting the Bank of England to make a move on interest rate or monetary easing policy this month is guaranteed to be disappointed, economists have told CNBC.com
When does a rising sovereign bond yield curve signify positive sentiment? When it’s at rock-bottom to start with. A steepening yield curve, as well as the rise in absolute yields, suggests that the market expects interest rates to be rising sooner than the 2015 date that the Fed has implied.
Friday on CNBC’s Money in Motion I recommended a GBPUSD trade and here's why.
Central banks have been easing, but this strategist thinks more is coming from across the pond.
Greek deal hopes rise and lift the euro - it's time for your FX Fix.
UK regulators and global banks are discussing a potentially far-reaching overhaul of the calculation and regulation of interbank lending rates, amid claims that the benchmark for $350 trillion contracts worldwide may have been subject to manipulation. The FT reports
Britain’s two part-nationalized banks plan to tap the European Central Bank’s special three-year funding scheme for a combined amount of about 15 billion euros ($20 billion), on a par with some of the euro zone’s largest banks, the Financial Times reports.
More asset-buying by the Bank of England will depend on how the economy evolves between now and May, David Miles, the Monetary Policy Committee member who joined ultra-dove Adam Posen in voting for an even larger boost in quantitative easing, told CNBC.
The Bank of England raised its inflation forecast for two years time to around 1.8 percent on Wednesday, higher than most economists had expected, raising doubts about further quantitative easing.
Inflation will remain above the Bank of England's 2 percent target in the U.K. for a long time, Andrew Sentance, a former member of the monetary policy committee, told CNBC on Tuesday.