StreetInsider.com News Articles

Brushing off Trump criticism, UK's Starmer defends actions over Iran

Mon, 02 Mar 2026 06:28:50 -0500

By Elizabeth Piper and Sarah Young

LONDON, March 2 (Reuters) - Prime ‌Minister Keir Starmer defended his actions in the Middle East on Monday, brushing off President Donald Trump's criticism of Britain for not joining strikes against Iran by saying his decisions were guided by law and the "national interest".

In an address to parliament, Starmer said he was moved

Brushing off Trump criticism, UK's Starmer defends actions over Iran

Mon, 02 Mar 2026 06:28:50 -0500

By Elizabeth Piper and Sarah Young

In an address to parliament, Starmer said he was moved

Bank of England holds rates at 3.75% in split 5-4 vote

Thu, 05 Feb 2026 07:02:01 -0500

The Bank of England's Monetary Policy Committee voted 5-4 to maintain the Bank Rate at 3.75% at its meeting ending February 4, 2026. Four members voted to reduce the rate by 0.25 percentage points to 3.5%.

CPI inflation fell from 3.8% in September to 3.4% in December 2025, remaining above the 2% target. The central bank expects inflation to fall back to around the target from April, primarily due to energy price developments including measures from Budget 2025.

The committee noted that wage growth and services price inflation have continued to ease, though they remain above target-consistent levels. The unemployment rate has

Bank of England holds rates at 3.75% in split 5-4 vote

Thu, 05 Feb 2026 07:02:01 -0500

The committee noted that wage growth and services price inflation have continued to ease, though they remain above target-consistent levels. The unemployment rate has

Bank of England votes narrowly to hold rates but signals reduction ahead

Thu, 05 Feb 2026 07:01:13 -0500

By William Schomberg, David Milliken and Andy Bruce

LONDON, Feb 5 (Reuters) - The ⁠Bank of England kept interest rates ⁠on hold on ‍Thursday, but only after an unexpectedly narrow 5-4 vote, and said borrowing costs are likely to fall if an expected drop soon in inflation is sustained.

Despite a big cut to its economic growth forecast this year

Bank of England votes narrowly to hold rates but signals reduction ahead

Thu, 05 Feb 2026 07:01:13 -0500

By William Schomberg, David Milliken and Andy Bruce

Despite a big cut to its economic growth forecast this year

Bloomberg Dollar Spot Index Hits Weakest Level Since March 2022 - Bloomberg

Tue, 27 Jan 2026 07:51:33 -0500

Bloomberg Dollar Spot Index Hits Weakest Level Since March 2022 - Bloomberg

Tue, 27 Jan 2026 07:51:33 -0500

Bloomberg Dollar Spot Index Hits Weakest Level Since March 2022 - Bloomberg

Tue, 27 Jan 2026 07:51:33 -0500

Bloomberg Dollar Spot Index Hits Weakest Level Since March 2022 - Bloomberg

ECB holds interest rates steady, sees inflation stabilizing at 2%

Thu, 18 Dec 2025 08:21:55 -0500

Investing.com -- The European Central Bank (ECB) kept its key interest rates unchanged at its Thursday policy meeting, maintaining its data-dependent approach as it forecasts inflation will stabilize at its 2% target in the medium term.

The deposit facility rate remains at 2.00%, the main refinancing operations rate at 2.15%, and the marginal lending facility rate at 2.40%, all in line with market expectations.

In its updated economic projections, the ECB now forecasts headline inflation to average 2.1% in 2025, 1.9% in 2026, 1.8% in 2027, and 2.0% in 2028. Core inflation, which excludes energy and food prices, is projected at 2.4%

ECB holds interest rates steady, sees inflation stabilizing at 2%

Thu, 18 Dec 2025 08:21:55 -0500

The deposit facility rate remains at 2.00%, the main refinancing operations rate at 2.15%, and the marginal lending facility rate at 2.40%, all in line with market expectations.

ECB holds interest rates steady, sees inflation stabilizing at 2%

Thu, 18 Dec 2025 08:21:55 -0500

The deposit facility rate remains at 2.00%, the main refinancing operations rate at 2.15%, and the marginal lending facility rate at 2.40%, all in line with market expectations.

ECB holds interest rates steady, sees inflation stabilizing at 2%

Thu, 18 Dec 2025 08:21:55 -0500

The deposit facility rate remains at 2.00%, the main refinancing operations rate at 2.15%, and the marginal lending facility rate at 2.40%, all in line with market expectations.

UK’s Reeves hints at tax hikes in upcoming UK budget

Mon, 10 Nov 2025 10:52:29 -0500

Investing.com -- UK Chancellor Rachel Reeves suggested the Labour Party might break its election promises not to raise taxes as she prepares for what she described as a "difficult" budget scheduled for November 26.

In a BBC radio interview, Reeves explained that adhering to the manifesto commitments would require significant cuts in areas like capital spending. The pre-election promise had pledged not to increase rates of income tax, national insurance, and value-added tax.

The Chancellor cited several factors contributing to a growing hole in Britain’s public finances, including global conflicts, Donald Trump’s tariff policies, and the Office for Budget Responsibility’s downgrade of

UK’s Reeves hints at tax hikes in upcoming UK budget

Mon, 10 Nov 2025 10:52:29 -0500

Bank of England policymakers' views on close November rates decision

Thu, 06 Nov 2025 07:12:51 -0500

LONDON (Reuters) -The Bank of England, which kept interest rates on hold on Thursday in a tight vote, for the first time set out the views of the individual members of its Monetary Policy Committee.

The MPC voted 5-4 to keep borrowing costs at 4%. Deputy governors Sarah Breeden and Dave Ramsden, external MPC members Swati Dhingra and Alan Taylor backed a cut to 3.75%. Most economists polled by Reuters

Bank of England policymakers' views on close November rates decision

Thu, 06 Nov 2025 07:12:51 -0500

LONDON (Reuters) -The Bank of England, which kept interest rates on hold on Thursday in a tight vote, for the first time set out the views of the individual members of its Monetary Policy Committee.

Bank of England cuts rates to 4% after narrow 5-4 vote

Thu, 07 Aug 2025 07:04:07 -0500

By William Schomberg, David Milliken and Suban Abdulla

LONDON (Reuters) -The Bank of England cut interest rates on Thursday but four of its nine policymakers - worried about high inflation - sought to keep borrowing costs on hold, suggesting the BoE's run of rate cuts might be nearing an end.

The contrasting views of the BoE's top officials meant the

Bank of England cuts rates to 4% after narrow 5-4 vote

Thu, 07 Aug 2025 07:04:07 -0500

By William Schomberg, David Milliken and Suban Abdulla

The contrasting views of the BoE's top officials meant the

Bank of England Bank Rate reduced to 4%

Thu, 07 Aug 2025 07:01:29 -0500

Monetary Policy Summary, August 2025

The Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. The MPC adopts a medium-term and forward-looking approach to determine the monetary stance required to achieve the inflation target sustainably.

At its meeting ending on 6 August 2025, the MPC voted by a majority of 5–4 to reduce Bank Rate by 0.25 percentage points, to 4%, rather than maintaining it at 4.25%.

There has been substantial disinflation over the past two and a half years, following previous external shocks, supported by the restrictive

Bank of England Bank Rate reduced to 4%

Thu, 07 Aug 2025 07:01:29 -0500

Monetary Policy Summary, August 2025

At its meeting ending on 6 August 2025, the MPC voted by a majority of 5–4 to reduce Bank Rate by 0.25 percentage points, to 4%, rather than maintaining it at 4.25%.

There has been substantial disinflation over the past two and a half years, following previous external shocks, supported by the restrictive

Speculative Traders Most Short USD Since July 2023: CFTC Data - Bloomberg

Fri, 27 Jun 2025 15:40:12 -0500

Speculative Traders Most Short USD Since July 2023: CFTC Data - Bloomberg

Fri, 27 Jun 2025 15:40:12 -0500

Speculative Traders Most Short USD Since July 2023: CFTC Data - Bloomberg

Fri, 27 Jun 2025 15:40:12 -0500

Speculative Traders Most Short USD Since July 2023: CFTC Data - Bloomberg

Fri, 27 Jun 2025 15:40:12 -0500

Speculative Traders Most Short USD Since July 2023: CFTC Data - Bloomberg