Why are U.S. banks flying gold from London to New York?
JPMorgan and HSBC – who have access to huge gold supplies in London – often lend out bullion to borrowers who need to use it ...
Exclusive: Bank of England's Pill 'cautious' about further rate cuts
A benchmark of global stocks hit a record on Friday while U.S. Treasury yields dipped as some soft U.S. data and the latest ...
Bank of England Allots Record 54.7 Billion Pounds in Short-Term Repo
LONDON (Reuters) - The Bank of England on Thursday allotted a record 54.666 billion pounds ($68.30 billion) in seven-day ...
What is happening in the gold vaults at the Bank of England?
The four-to-eight-week waiting time to get gold out means that a discount in gold held at the BoE — known in the market as ...
Bank of England's Bailey warns of backlash against regulation
The cost of the 2008 global financial crisis (GFC) should not be forgotten during a backlash against the burden of financial ...
Bank of England halves UK growth projection and cuts main interest rate to 4.50%
The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though ...
Bank of England's Mann says no to 'cut, cut, cut' on rates
Bank of England policymaker Catherine Mann said on Tuesday that her unexpected vote for a half percentage-point cut in ...
Bank of England Cuts Rates While Warning of Inflation and Trade War Risks
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
Rachel Reeves ‘investigated over expenses’ while working at bank
It comes as it emerged the chancellor worked at the Bank of England for nine months less than her LinkedIn profile claimed ...
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Bank of England suffers exodus of gold bullion
Gold prices on the New York futures market have surged above the cash price in London - Luke MacGregor/Bloomberg Thousands of ...
Bank of England policymakers speak after rate cut, weaker growth forecast
The Bank of England cut interest rates on Thursday as it halved its growth outlook for this year and said a jump in inflation ...
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Bank of England cuts interest rates to 4.5% and slashes UK growth forecast
The Bank of England has cut interest rates from 4.75% to 4.5% - the ... Haskel, who is now a professor of economics at Imperial College London, added: "It's a stagflationary prospect and I’m afraid it ...