The Bank of England has announced an interest rate cut to 4.5%. CBS News foreign correspondent Ramy Inocencio has more on ...

The euro fell 0.5% to $1.0359, while the BoE cut pushed sterling down nearly 1% to below $1.24. Benchmark BoE rates are now ...

The FTSE 100 hit a record high clear of 8,700 thanks to strong numbers from its largest weighting AstraZeneca, while traders ...

LONDON: European shares hit a record high, gold was near one of its own all-time peaks and bond markets were back under ...

Global economic policymakers had been braced for an economic firestorm from the new U.S. administration but instead got a ...

Wall Street was mostly lower on Wednesday despite US employment growth picking up last month by more than expected.

The threat of sweeping tariffs, a central plank of his campaign promises, had raised concerns of a resurgence in inflation ...

People's Bank of China Governor Pan Gongsheng met his Bank of England counterpart, Andrew Bailey, on Saturday in Beijing and discussed topics including financial stability and cooperation ...

Many economies seem to be settling into a lower-rate environment. That’s in stark contrast with the Federal Reserve, which ...

China Central Bank Governor Pan Meets BOE's Bailey in Beijing SHANGHAI (Reuters) - People's Bank of China Governor Pan Gongsheng met his Bank of England counterpart, Andrew Bailey, on Saturday in ...

Gold prices fell today, Feb. 6, but remained near the all-time high it reached yesterday amid increased momentum of demand for safe-haven assets due t ...