President Trump sees global interest rates dropping, but the strong U.S. economy and his policies lead the Federal Reserve to diverge from other central banks. The ECB, Bank of Canada, and BoE are cutting rates,
A surge in gold shipments to the US has led to a shortage in London, according to reports. Traders have amassed an almost £66bn stockpile in New York in recent weeks amid concerns over tariffs by the Donald Trump administration, the Financial Times reports.
The Bank of England (BoE) is open to discussions with Britain's government about new ways to help boost economic growth by paring back regulatory requirements for the financial services industry, Deputy Governor Sam Woods said on Monday.
FRANKFURT (Reuters) - Global economic policymakers had been braced for an economic firestorm from the new U.S. administration but instead got a surprisingly restrained start from Donald Trump, who remains big on rhetoric but more cautious on action - for now.
The minimum waiting time to load gold out of the Bank of England, which stores gold for central banks, has reached four weeks, one of the sources said. In normal times, the release time is a few days or a week.
The yen was set for its best January performance since 2018 on Friday, driven by the expectation for Japanese interest rates to keep rising, while the Mexican peso and Canadian dollar held firm ahead of U.
President Donald Trump on Thursday accused the CEOs of Bank of America and JPMorgan Chase of refusing to serve conservatives. Both banks deny the accusations, which Trump and others in his orbit ...
Key Fed decision: The central bank’s expected decision today is the first following Trump’s return to office, which has been marked by a flurry of executive orders as the US president seeks to impose his agenda on Washington.
Despite recent pro-crypto moves by the Trump administration, short-term enthusiasm for the digital asset remains uncertain.
President Donald Trump directly addressed Bank of America CEO Brian Moynihan during a virtual appearance Thursday at the World Economic Forum to tell him that "de-banking" conservatives is "wrong." Moynihan responded by thanking Trump for getting the FIFA World Cup to be hosted in the U.
GBP/USD continues its losing streak for the fourth successive session, trading around 1.2420 during the Asian hours on Friday. This downside is attributed to the improved US Dollar (USD) amid increased risk aversion following renewed tariff threats from US President Donald Trump.
The Pound Sterling trades sideways against the US Dollar above 1.2400 as investors focus on the US PCE inflation data for December. President Trump’s tariff threats on BRICS and its North American peers have increased USD’s safe-haven appeal.