Tag: Bank

The Chinese yuan weakened past the closely-watched 7.2 level against the greenback this week.Getty ImagesBEIJING — The People's Bank of China has warned against...

The tax-cutting plans in Friday's mini-budget sparked turmoil for the UK economy.

The bank said its actions can be carried out on "whatever scale is needed" to stabilise the UK economy.

The bank said its actions can be carried out on "whatever scale is vital" to stabilise the UK economy.

The Bank says it'll buy government bonds to stop a "material risk to UK financial stability".

On Monday the pound nosedived to its lowest level against the dollar since decimalisation in 1971, because it fell greater than 4 percent.

Last month, the bank predicted that the economy would weaken all through next 12 months as household incomes were significantly squeezed by high inflation,...

Sweden's Riksbank launched a 100 basis point hike to rates of interest on Tuesday because it looks to rein in inflation.Mikael Sjoberg/Bloomberg via Getty...

THE Bank of England is forecast to boost rates of interest again, despite signs that inflation eased last month.

The UK's central bank postpones its meeting by every week "in light of the period of national mourning".

The Chinese yuan has tumbled to two-year lows against the U.S. dollar in the previous few weeks.Sopa Images | Lightrocket | Getty ImagesBEIJING —...

Truss gets an economic reality check: Pound nears a 37-year low as...