The Bank of England interest rate cut is not enough City Voices: The MPC needs to be much bolder Evening Standard · Aug 1, 2024
Bank of England cuts interest rates to 5% in first reduction since March 2020 Committee votes by five votes to four in favour of cut as governor says inflationary pressures have eased enough The Guardian - UK · Aug 1, 2024
Bank of England cuts interest rate for first time since 2020 as inflation eases UK interest rates have been cut for the first time in more than four years, releasing some pressure on borrowers as the Bank of England was… The National (Scotland) · Aug 1, 2024
Bank of England cuts interest rates at last The benchmark lending rate comes down from 5.25% to 5% bringing relief to millions of borrowers Evening Standard · Aug 1, 2024
Is mortgage anxiety relief here? Interest rates 'finally' down to 5% as high street lenders cut rates The Bank of England has dropped the interest rate by 0.25%, as some of the main lenders rush to offer lower mortgage rates Evening Standard · Aug 1, 2024
Stock market today: Asian benchmarks are mixed as Tokyo sips on strong yen Japan’s index has plunged, as the U.S. dollar sank against the yen, and regional investors digested the rally on Wall Street that came on hopes U.S. cuts to interest rates will be arriving soon The Independent UK · Aug 1, 2024
Public sector pay rises unlikely to drive up inflation, says Bank of England after interest rate cut – as it happened City economists predict further cut in November, after first reduction in UK interest rates since 2020, as Bank lifts its growth forecast for this year The Guardian - UK · Aug 1, 2024
Fed Holds Rates Steady, Sets Stage for Easing: What the Experts Are Saying The Federal Reserve left interest rates unchanged but signaled it could pivot to lowering borrowing costs sooner rather than later. Kiplinger · Jul 31, 2024
Fed will hold interest rates steady but officials hint rates could be cut this year Chair Jay Powell says central bank ‘getting closer to the point’ of possible rate cut – ‘but we’re not quite there yet’ The Guardian - US · Jul 31, 2024
Wall Street Reacts To Federal Reserve's Interest Rate Decision Insights on the implications of the Federal Reserve's decision to maintain interest rates and potential rate cuts in response to economic concerns. Top News · Jul 31, 2024
OPINION - Labour likes to complain about its inheritance – but it will soon enjoy lower interest rates I'm not saying I don't like my job, but I think I'd quite fancy sitting on the Bank of England's Monetary Policy Committee (MPC) . Not for the money, of course – though a total compensation package of £163,700 per annum sounds decent. Nor even because I take an amateur's… Evening Standard · Jul 31, 2024
Economists Urge Federal Reserve To Cut Interest Rates Sooner The Federal Reserve faces pressure for an immediate rate cut but must consider various economic factors before making a decision. Top News · Jul 31, 2024
Inflation ticks up in Europe, complicating the European Central Bank's next move Inflation in the 20 countries that use the euro ticked up to 2.6% in July, stubbornly above the European Central Bank’s target and complicating the ECB’s next decision on whether to cut interest rates and boost growth as the economy struggles to stage a convincing recovery from more than a… The Independent UK · Jul 31, 2024
Global oil prices jump after Hamas leader's assassination in Iran Global oil benchmarks Brent crude and West Texas Intermediate surged this Wednesday on the news that Hamas's political leader Ismail Haniyeh had been killed by a suspected Israeli strike in Iran. Fears over a regional escalation of the Israel-Hamas war are fuelling concerns over production and distribution of oil in… France 24 · Jul 31, 2024
Top News · Jul 31, 2024 Federal Reserve Likely To Cut Interest Rates Soon Federal Reserve considers cutting interest rates to manage inflation and support the economy. Market expects rate cut with high probability. Powell to prov...
International Business Times · Jul 31, 2024 HSBC Records $21.6 Billion Pre-tax Profit In First Half 2024 Banking giant HSBC said Wednesday that pre-tax profits in the first half of 2024 came in at $21.6 billion, slightly lower than last year's record performance.
The Conversation · Jul 31, 2024 Australia’s 3.8% inflation rate is concerning, but not enough to trigger a rate rise After falling for five consecutive quarters to less than half of its 7.8% peak, inflation climbed slightly in the June quarter, from 3.6% to 3.8% for the year to June.
International Business Times · Jul 31, 2024 US Fed Expected To Pause Again And Hint At September Rate Cut The US Federal Reserve is highly unlikely to waver from its position of holding interest rates at a two-decade high on Wednesday, but could drop hints about a September start to rate cuts.
The Guardian - AU · Jul 31, 2024 Inflation rises to 3.8% amid hopes the RBA will hold off hiking interest rates again Australia’s consumer price index rose in the June quarter in line with economists’ forecasts
The Independent UK · Jul 30, 2024 U.S. job openings fall slightly to 8.2 million, sign that high rates continue to cool labor market U.S. job openings fell slightly last month, a sign that the American labor market continues to cool in the face of high interest rates
The Conversation · Jul 30, 2024 Why the RBA is highly unlikely to lift interest rates next week, even as inflation climbs The inflation figure due to be released today is different than most. It’s focusing the minds of politicians as well as economists.
The Guardian - AU · Jul 30, 2024 Housing approvals fall to lowest level in 12 years despite Labor’s pledge of 1.2m new homes Approved dwellings drop 6.5% in June amid high interest rates and building costs as CoreLogic rues ‘dismal result’
Fortune · Jul 29, 2024 Trump says the dollar is too strong—but his policies may make it even stronger, bank strategist says An immigration clampdown, aggressive tax cuts, and heavy tariffs could lift the U.S. dollar even as Trump tries to fight what he calls a "currency problem."
The Guardian - AU · Jul 29, 2024 There’s a huge amount riding on the latest inflation figures. Here’s why The big four banks predict interest rates to be cut, but the RBA may have other ideas
inkl · Jul 29, 2024 Why Should Students Consider Private Student Loans? Financing a college education can be challenging, and many students look for ways to cover their expenses.