Rolling coverage of the latest economic and financial news. 16:17 Today’s speech by Bank of England chief ...
Investors anticipate that the BOE will cut its key interest rate in June, with steady easing ... growth will lead to a fresh series of price hikes, particularly in the labor-intensive services ...
Interest hikes are a blunt instrument – the aim ... when it stood at 3.1 percent. At that point, the BoE’s rate-setting monetary policy committee (MPC) was happy to hold base rates at 0.1 ...
Four lenders have today announced they are making mortgage price hikes this week amid uncertainty around interest rates.
There are fears that interest rates could be hiked again as employment holds strong and inflation remains difficult to ...
Blue chips had a stellar morning as the FTSE 100 index soared to a new all-time high of 8.073. Though the index has come back ...
The BOE dropped its key rate, down to 0.1% in March 2020 in an ... This is its seventh consecutive rise and takes U.K. interest rates to a level last seen in 2008. In a release explaining its ...
The UK economy is picking up speed faster than anyone expected, kicking off the second quarter with the strongest growth ...
(Bloomberg) -- UK inflation slowed less than expected last month as fuel prices crept higher, prompting traders to further unwind bets on how many interest ... What If Fed Rate Hikes Are Actually ...
The U.S. dollar climbed to a fresh 34-year peak against the yen in quiet trading on Monday, with investors taking their cue ...
The US Dollar Index (DXY) is trading mildly higher at 105.90, buoyed by high US yields amidst hawkish bets on the Federal Reserve (Fed). The US economy continues to display robust growth, which has ...