Bank of England holds rates but says 'moving in the right direction' for cuts
LONDON — The Bank of England on Thursday held interest rates steady at 5.25%, but hinted at cuts on the horizon as inflation falls faster than expected.
Elliot Smith in asian news
Bernanke Review: How the former Fed boss could shake up the Bank of England
LONDON — The Bank of England will on Friday publish a long-awaited review by former Federal Reserve Chair Ben Bernanke that could lead to significant changes in its monetary policymaking.
Russia-Ukraine war live updates: Zaporizhzhia nuclear plant struck by drones; Zelenskyy calls for more support amid Kharkiv bombardment
This is CNBC's live blog tracking developments on the war in Ukraine.
Ukraine war live updates: Belarus starts military drills near EU borders; Russia targets energy infrastructure in drone strikes
This is CNBC's live blog tracking developments on the war in Ukraine.
U.S. stocks have 'limited upside' from here, says Goldman Sachs Asset Management
U.S. stocks have "limited upside" from here, given the macroeconomic backdrop — and investors should be looking for better opportunities elsewhere, according to Goldman Sachs Asset Management.
Nigeria's central bank hikes interest rate to 24.75% as it battles sky-high inflation, currency crisis
The Central Bank of Nigeria on Tuesday hiked its key interest rate by 200 basis points, as Africa's largest economy looks to recover from a historic currency crisis and soaring inflation.
Nissan looks to address 'extreme market volatility' with 30 new models, EV cost cuts
Nissan is targeting an additional 1 million vehicle sales over the next three years and a 30% reduction in electric vehicle production costs by 2030, the Japanese carmaker announced Monday.
Major central banks reached a pivotal point this week. Here's what happened — and what's next
Central banks around the world reached a pivotal point this week, with Switzerland becoming the first major economy to cut interest rates and the Bank of Japan hiking for the first time in 17 years.