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HSBC shares rise 2% after profit beat, $3 billion buyback announcement

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Aaron P | Bauer-Griffin | GC Images | Getty ImagesLONDON — Europe's largest lender HSBC on Wednesday declared a share buyback program of up...
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European Central Bank set to hold rates with inflation picture muddying demand for cuts

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Christine Lagarde, president of the European Central Bank, at a rates decision news conference in Frankfurt, Germany, on March 7, 2024. Bloomberg | Bloomberg |...
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UK inflation holds steady at Bank of England’s 2% target, above expectations

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Alexander Spatari | Moment | Getty ImagesU.K. inflation held steady at the Bank of England's 2% target in June, Official National Statistics data showed...
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Bank of England holds rates in ‘finely balanced’ decision; traders up bets on August cut

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General view of the Bank Of England building in London. Sopa Images | Lightrocket | Getty ImagesLONDON — The Bank of England on Thursday opted...
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European markets higher as Bank of England holds rates; Switzerland makes second rate cut

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Commuters crossing a junction near the Bank of England (BOE), left, in the City of London, UK, on Wednesday, May 8, 2024. Bank of...
Bussiness

Bank of England set to hold interest rates despite inflation hitting 2% target

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LONDON — The U.K. had some cause for celebration on Wednesday morning, as headline inflation hit the Bank of England's 2% target for the...
Bussiness

European Central Bank heads for first rate cut since 2019: Live updates

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German factory orders data falls short of expectations ahead of ECB decisionThe European Central Bank's set to make its decision on a day of...
Bussiness

UK inflation comes in hotter than expected, slashing June rate cut bets

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The war between Russia and Ukraine — both major producers of food commodities and energy — has disrupted global production, trade and supply in...
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