In a Monday note to clients, the bank outlines the reasons behind this prediction, noting that the current economic backdrop increasingly mirrors the fundamental criteria of this optimistic scenario.T ...

In light of revised data on household income and spending, they propose that lower interest rates might help stimulate a rebound in borrowing, thereby supporting consumer spending and possibly prevent ...

LONDON (Reuters) - British finance minister Rachel Reeves said she will introduce "guardrails" to ensure that extra borrowing for investment in her first budget is not excessive as she seeks to reassu ...

SINGAPORE/LODNON (Reuters) - The dollar hovered near a six-week high on Friday ahead of crucial jobs data that could dictate the path of U.S. interest rates, while the yen jumped, capping a turbulent ...

"While further cuts in Bank Rate remain in prospect should the economic and inflation outlook evolve broadly as expected, it will be important to guard against the risk of cutting rates either too far ...

MANILA (Reuters) - Philippine annual inflation accelerated at its slowest rate in more than four years in September due to a slower rise in food prices and downtrend in transport costs, giving the cen ...

The central bank's purchasing managers index (PMI) of private-sector activity rose to 50.5 points from 50.2 points in August, above the 50 point line that denotes increases in activity.The PMIs are on ...