Goldman Sachs has issued a new forecast that UK interest rates would fall from the current figure of 4.75 percent to 3.25 percent by spring of 2026.
Europe's muted moves follow wage and jobs data that could leave the Bank of England scratching ... than the $8.83bn it posted last year. Wall Street is expecting earnings per share of $4.18 ...
Inflation cooled to 2.5% at the end of the year, making it more likely that the Bank of England will continue to lower its key interest rate.
chief executive of marquee investment bank Goldman Sachs Group Inc. (GS), didn't take their eyes off potential trouble on the horizon in their quarterly updates to Wall Street in recent days.
US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.
The FTSE 100 ( ^FTSE) and European stocks were higher on Wednesday as traders digested news that UK inflation unexpectedly fell to 2.5% in December. This was down from 2.6% in November, according to the Office for National Statistics. Economists had expected inflation to stay steady at 2.6%.
Sterling faces further weakness and investors were losing confidence in Reeves’ growth-boosting plans, and the currency’s outlook remained negative, also given expectations of at least two BOE rate cuts this year,
Banks are known to throw an avalanche of debt at investors after their earnings. This time the issuance trend looks particularly interesting. The amount of long-term bonds, expiring in about 20 to 30 years,
A tech-powered approach to bond trading that helps firms move hundreds of securities in one go has just posted its best year yet.
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In 2005 Ms. O'Grady won the Bastiat Prize for Journalism awarded by the International Policy Network for her articles on the World Bank, the underground economy in Brazil and the bad economic ...
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