BoE

Geopolitical risks may be the biggest threat to global markets, the Bank of England (BoE) warned on Wednesday. "Global vulnerabilities remain material, as does uncertainty around the geopolitical environment," the BoE said. “Markets remain susceptible to a sharp correction.” The BoE...

The Bank of England (BoE) reduced its key interest rate by 25 basis points for the first time after over four years, bringing it down from a 16-year high of 5.25% to 5%. The Monetary Policy Committee was divided, with five members, including Governor Andrew Bailey, voting for a rate cut while four...

After the Juneteenth holiday break, Wall Street reopened with a cautious tone, as the S&P 500 and Nasdaq 100 indices declined after hitting all-time highs around midday trading in New York. This decline was driven by profit-taking in chipmaker stocks and rising Treasury yields, which dampened...

To gain an edge, this is what you need to know today. Cracks In Ultra Bullish AI Story Please click here for an enlarged chart of Arm Holdings PLC - ADR (NASDAQ: ARM). Note the following: This article is about the big picture, not an individual stock. The chart of ARM stock is being used to...

To gain an edge, this is what you need to know today. Dot Plot Please click here for the Fed’s new dot plot. Note the following: We previously shared with you that the most important information ahead was the new dot plot. That call has proven spot on. The new dot plot...

Remember the time-tested saying "prepare for the worst but plan for the best?" This is the exact message Bank of England's Gov. Mark Carney is telling British banks. According to a Bloomberg report, Carney is urging banks to implement worst-case scenario plans in the event that Brexit negotiations...

The U.S. Federal Reserve raised its interest rates by 25 basis points on Wednesday — a move that was widely expected. Across the pond, the Bank of England held its key bank rate unchanged at 0.25 percent. The Bank of England also voted to maintain its two asset-purchase programs. The Bank of...

The Bank of England on Thursday voted to maintain its 0.25 percent interest rate but hinted a further cut could occur before the end of the year. The Bank of England lowered its key interest rate on August 4 to 0.25 percent from 0.50 percent. The central bank noted at that time that economic...

The Bank of England met on Thursday, and, as expected, the central bank lowered its key interest rate for the first time in seven years to 0.25 percent from 0.5 percent. The vote to lower rates was unanimous across all nine officials, and the majority of officials expect to implement another rate...