Dr. Shafik, who came under fire for her handling of pro-Palestinian campus protests last year, is now the chief economic adviser to Britain’s prime minister.
Tag: Bank of England
Mark Carney Has to Deliver on Trump and the Economy After Canada Election Win
The Canadian prime minister achieved a stunning political upset, running on an anti-Trump platform and promising to revive the economy. Now, he needs to deliver.
Can Mark Carney, Canada’s New Leader, Take on Trump and His Tariffs?
Mark Carney will most likely be in power just a few weeks before a federal election is held. To win, he will try to convince Canadians he can take on, but also negotiate with, Trump.
Will Canadians Warm Up to Mark Carney, the Liberal Party Front-Runner Eyeing Trudeau’s Job?
Mark Carney has pitched himself as the fix-it man who can set Canada back on track. As he seeks to lead the Liberal Party, the country’s biggest challenge may be President Trump.
Mark Carney Launches Bid to Be Canada’s Next Prime Minister
The former governor of the Canadian and British central banks announced he was running to become head of the Liberal Party and prime minister.
In U.K. Budget, Labour’s First Big Political Moment Offers Risk and Reward
British Prime Minister Keir Starmer’s government has stumbled since his party won a landslide victory, but the financial plan to be announced on Wednesday offers a possible relaunch.
Interest Rates Fall, but Central Banks Are No Longer in Lock Step
Officials in some countries started cutting rates last year, but others, including those in Europe and the United States, have taken a more cautious approach.
Why Interest Rate Cuts Won’t Fix a Global Housing Affordability Crisis
Central bankers are lowering borrowing costs, but that won’t be a cure-all for a widespread lack of affordable housing.
Collectors Line Up in London as King Charles Bank Notes Are Released
A steady stream of people lined up at the Bank of England on Wednesday to get what they hoped would be collector’s items: the first bank notes featuring the portrait of King Charles III.
U.K. Inflation Falls to 2.3%, Lowest in 3 Years
The decline, which was less than economists expected, is nearing the Bank of England’s 2 percent target.