Europe

Economists Say BOE's Possible Rate Cut Won't Offset All Brexit Ills

The Bank of England is expected on Thursday to cut its benchmark interest rate to a new low, or at the least send a strong signal that a cut is imminent, in a further step aimed at cushioning the U.K. economy after voters' decision to exit the European Union.

Bank of England's Carney Hints Again at More Stimulus

Bank of England Governor Mark Carney said on Tuesday that the expected hit to Britain's economy from last month's decision by voters to leave the European Union could prompt the Bank to provide more stimulus.

Bank of England's Carney Hints Again at More Stimulus

Bank of England Governor Mark Carney said on Tuesday that the expected hit to Britain's economy from last month's decision by voters to leave the European Union could prompt the Bank to provide more stimulus.

Week Ahead: Bank Earnings Loom Large as Stocks Near Record

The focus on Wall Street will shift to corporate earnings next week after a strong June jobs report on Friday gave investors confidence that the U.S. economy was on stable footing and stocks rallied to near-record high levels.

Global Stocks Waver on Uncertain Data

Tensions between the West and Russia are starting to weigh on global stock markets as weak data also continues to hamper confidence.