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In the UK, Bank of England Governor Andrew Bailey has indicated that persistent inflationary pressures, particularly from high food and energy costs, may necessitate further interest rate increases....
LONDON - The British pound experienced a notable surge earlier this week, reaching a two-month high against the weakening US dollar, only to see some of those gains diminish in subsequent days. The...
Investing.com - The U.S. dollar edged higher in early European trade Wednesday, attempting a rebound after the previous session’s sharp losses as cooling U.S. inflation raised expectations that the...
The financial markets on Thursday, November 9, 2023, witnessed mixed US stock index futures and a static FTSE 100. The focus was on the imminent release of the UK's Q3 GDP data, which is anticipated...
The Bank of England (BoE) and the Financial Conduct Authority (FCA) have initiated a regulatory regime for stablecoins, particularly those denominated in sterling, and other systematic payment...
The Federal Reserve's strict monetary policy aimed at battling persistent inflation is projected to postpone rate cuts till 2025, thereby bolstering the dollar in 2024, according to a recent analysis...
UK consumer spending growth has slowed to 2.6% and 2.5% respectively in October, marking the lowest annual increase in over a year, according to recent data from Barclays and the British Retail...
Coin Edition - U.K. financial regulators, including BoE and FCA, released discussion papers on regulating stablecoins.Stablecoin issuers are required to fully back digital assets with deposits at BoE...
The Bank of England and the Financial Conduct Authority (FCA) are working on regulations for stablecoins, digital assets designed to maintain value stability, with the aim of enhancing transaction...
The Bank of England's recent decision to halt interest rate increases, maintaining the base rate at 5.25, is anticipated to have positive implications for pensioners and retirement savers. The move,...
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