From higher borrowing costs to the threat of a trade war, the incoming US administration could directly affect the UK's economy
Bank of England Governor Andrew Bailey called for the world's financial powers, led by the United States and China, to avoid economic nationalism in a speech released three days before Donald Trump is due to be sworn in as U.
Mark Carney was the first non-British person to become governor of the Bank of England in its more than 300-year history when he took the job in 2013. He had previously worked at the investment bank Goldman Sachs, and served as the governor of the Bank of Canada, the country's central bank.
The money paid by the the UK government for its own borrowing is getting more expensive as Donald Trump's return to the White House looms.
Mark Carney, the first non-Brit to run the Bank of England since it was founded in 1694 and the former head of Canada’s central bank, said Thursday he is entering the race to be Canada’s next prime minister following the resignation of Justin Trudeau.
America’s biggest bank has quit Mark Carney’s net zero group amid a backlash against environmentalist capitalism.
Bloomberg Economics projects its aggregate measure of advanced-world interest rates to drop just 72 basis points in 2025, less than it did in 2024
The market environment has already been favorable for banks, with buoyant equity markets and anticipation that President-elect Donald Trump will ... Citi C.N up 7.5%. Bank of America BAC.N ...
Fresh out of the gate from launching her Liberal leadership bid, Karina Gould suggested her two main opponents' backgrounds would do little to gain the favour of U.S. president-elect Donald Trump."I'm not sure that journalists and central bankers are the kind of people that Donald Trump listens to,
Trump Treasury Secretary Pick Scott Bessent once worked with George Soros, placing trades that bet against the pound, profiting more than $1 billion when the pound fell in value.
Salvos from a Federal Reserve governor and the incoming Treasury Secretary helped nail down this week's inflation-inspired retreat in worrisome U.S. Treasury yields before Donald Trump's inauguration as president on Monday.