Learn how floating exchange rates work, driven by forex market supply and demand, and compare with fixed rates to grasp their impact on global economies.

Policymakers in Washington and Ottawa will take the spotlight in the coming week, with interest-rate cuts in those two ...

I recently chaired a seminar in Dhaka on the need for an independent central bank. Not surprisingly there was broad-based support from the participants composed of political and civil society leaders, ...

Afua Kyei, the Bank of England ’s finance chief and executive director, has been named the UK’s most influential black person ...

The British pound was the weakest major currency on Wednesday after inflation unexpectedly held at 3.8%, undershooting ...

Europe’s top banking regulator should be given a mandate to ensure the continent’s banks aren’t just safe but can also stay ...

Gold and silver prices remained jittery on Wednesday after the sharpest pullback in over five years, while global equity and ...

Consumer prices were up 3.8% compared with the same month of last year, the Office for National Statistics said Wednesday, almost double the central bank's 2% target and the same rate as August.

The Bank of England's base rate reached a recent high of 5.25% in 2023, but five cuts since August 2024 have brought it down ...

The U.K.'s annual rate of inflation in September unexpectedly held at the pace of the previous month, raising the chance that Bank of England policymakers could cut interest rates later this year, ...

Inflation in the U.K. has unexpectedly held steady in the year to September, according to official figures released Wednesday ...

The recent collapses of U.S. car parts maker First Brands and auto dealership Tricolor may be a warning of much bigger ...