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A director at the Bank of England has said Britain’s central bank is “open minded” on the use of stablecoins in wholesale ...
Unemployment rose to 6.3% in the 20-nation currency area, up from 6.2% in April, the European Union's statistics agency Eurostat said Wednesday. A consensus of economists polled by The Wall Street ...
The financial services sector is leading the way when it comes to using AI across operations – and it’s not afraid to talk ...
Fed officials Christopher Waller and Michelle Bowman have also suggested they could opt for a rate reduction as soon as July. Currently, U.S. money markets are pricing only a 20% chance of a rate ...
The Bank of England is predicted to keep UK interest rates at 4.25% on Thursday amid rising food inflation and the threat of surging oil prices pushing up the cost of living. Most economists think ...
The WSJ Dollar Index is down 1.18 points or 1.23% this week to 94.40 –Largest one-week point and percentage decline since the week ending May 23, 2025 –Down three of the past four weeks –Today it is ...
The stock market has powered through all of that in the past few months to set a new record Friday and reward investors who ...
The Bank of England is considering ways to dilute the initial impact of new trading book capital rules so the UK can move ...
Gold prices fell on Friday morning, after president Donald Trump said that the US and China had signed a trade agreement.
The central bank is planning to reduce a capital buffer for the country’s largest banks, which critics warn will make the ...
Meanwhile, the FTSE 100 and European stocks rose as the ceasefire between Iran and Israel offset warnings on UK growth from ...
The dollar slide has snowballed since Trump's trade war unfolded in April amid worries about foreign investor flight and ...
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