The Bank of England’s aggressive push to clear its balance sheet of bonds is sending ripples through money markets, where the cost of obtaining sterling cash hit the highest in three years by several metrics.
BOE Is Sending Ripples Through Money Markets With Aggressive Bond SalesDollar Firms, Yen Weakens as Stocks Tread Water: Markets WrapMilei Faces Second Major Strike as Argentina Resists AusterityFloods in East Africa Damp Mother’s Day Cut-Flower ShipmentsNYC’s MTA Needs $25 Billion for Capital Plan, Comptroller SaysDallas to Atlanta Brace for Severe Thunderstorms: Weather WatchTop Bond Forecasters Diverge as Fed Keeps the Market in LimboOttawa moves to expand CRA audit powers.
Profit Rises as Flatt Sees Deals Picking UpEarnings Keep European Stocks Near Record Highs Ahead of BOEMexico Weighs Options to Absorb Up to $40 Billion of Pemex DebtBad Weather and War Are Straining the World’s Wheat SupplyThe Daily Chase: Shopify plunges on surprise loss, warns of thinner marginsThe Daily Chase: Labour talks going different directions at WestJet and NestleBusiness insolvencies spike in first quarter, consumer insolvencies also riseU.S.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
For Clues on Why the BOE Hasn’t Cut Rates, Just Head to the PubPrime Minister Rishi Sunak has rarely missed a chance to take credit for bringing UK inflation down to 3.2%. But his own policies are set to make it harder for the Bank of England to get price increases down to the government’s 2% target and keep them there.
Read more »
BOE Postpones Long Term Repo Operation Due to Tech IssuesThe Bank of England postponed one of its weekly repo operations because its auction platform is experiencing technical difficulties.
Read more »
BOE Postpones Long Term Repo Operation Due to Tech Issues(Bloomberg) -- The Bank of England postponed one of its weekly repo operations because its auction platform is experiencing technical difficulties.Most Read ...
Read more »
AI Risks Amplifying ‘Herd-Like’ Behavior in Trading, BOE SaysA Bank of England policymaker warned that the adoption of artificial intelligence in trading by financial firms might amplify shocks on markets and encourage “herd-like behavior.”
Read more »
Hunt May Net £10 Billion for Tax Cut if BOE Shifts on Asset SalesUK Chancellor Jeremy Hunt would have an extra £10 billion a year for tax cuts if the Bank of England stopped selling the bonds it bought over more than a decade under quantitative easing, according to BOE disclosures.
Read more »
Japan's helping hand with BoE June rate cut windowExplore stories from Atlantic Canada.
Read more »