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Threadneedle Street
/ ˌθrɛdˈniːdəl; ˈθrɛdˌniːdəl /
noun
- a street in the City of London famous for its banks, including the Bank of England, known as The Old Lady of Threadneedle Street
Example Sentences
Sterling had already failed to hold on to much of the boost from the Old Lady of Threadneedle Street's hawkish turn, as bond markets see the economic fallout from high rates being deleterious, and it slid further against a rising dollar on Friday.
People can also post old notes to the bank in Threadneedle Street in the City of London, to be paid into a bank account, by cheque or, "if you live in the UK and your exchange is worth up to £300", swapped for new-style polymer ones.
Rhetoric from Threadneedle Street and Europe's central bankers today can test those shifts.
Now it's time for the Old Lady of Threadneedle Street to enter stage right and do her routine for the cameras.
The Old Lady of Threadneedle Street's cash tourniquet on the gilt market is holding, with the relief rally driving 30-year yields down a wild 105 basis points in a few hours.
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