May 11, 2011 07:49 PM IST
The Bank of England raised its inflation forecast on Wednesday, paving the way for a rate rise towards the end of the year despite its view that the economy was recovering more slowly than hoped.
- Apr 11, 2011 11:42 AM IST
China will likely raise interest rates again this year in an effort to cool inflation and lift negative real interest rates, Chinese newspapers reported on Monday, citing two central bank advisers.
- Apr 11, 2011 08:13 AM IST
Britain's top banks are set to need more capital and ring-fence retail banking to shield taxpayers from another crisis in the most radical industry shake-up for decades, which may prompt some banks to leave.
- Apr 04, 2011 12:09 PM IST
The world's major central banks are about to break ranks. Since the financial crisis entered its worst phase in late 2008, monetary policy has moved in the same direction across all advanced economies.
- Mar 10, 2011 06:45 PM IST
The Bank of England (BoE) kept interest rates at a record low of 0.5% on the view that Britain's economic recovery remains too weak to sustain an inflationary spiral, but investors still expect a hike by mid-year.
- Feb 10, 2011 04:35 PM IST
Disappointing corporate earnings weighed on global stock markets on Thursday, pushing major indexes lower, while shifting interest rate expectations lifted the dollar and put Britain's pound on edge.
- Jan 19, 2011 08:34 AM IST
Banks should be allowed to fail in bad times, with their losses being absorbed by their creditors and investors rather than the taxpayer, the Bank of England's deputy governor said in a BBC interview to be broadcast on Tuesday.
- Jan 18, 2011 07:38 PM IST
A record monthly jump in prices drove British inflation to an 8-month high in December, piling pressure on the Bank of England to raise interest rates and show it is not letting inflation get out of control.