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The Latest Breaking News from MPC

Don’t be fooled by the interest rate cut – higher rates are here to stay

Mortgage payers and business owners vainly hope cut to 5% signals return to pre-pandemic era of cheap borrowing

The Guardian - UK

Just nine people decide what happens to UK interest rates - but pressure for change is mounting

The inflation spike caused by external factors including the Ukraine war might be over, but the importance of interest rates to the UK economy isn’t going away. Continuing global instability and the newly elected Labour government’s commitment to growing the economy mean the Bank of England will have to stay…

The Conversation

Relief for borrowers as UK interest rates cut but little sign big reductions to come

Incremental cuts likely over two to three years with rates expected to stay well above pre-Covid levels of 0.75%

The Guardian - UK

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The Bank of England interest rate cut is not enough

City Voices: The MPC needs to be much bolder

Evening Standard

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

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

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

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Bank of England braced for knife-edge interest rate decision

Markets predict quarter-point cut to 5% when policymakers’ decision is announced on Thursday

The Guardian - UK

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

Interest rate cut likely to be delayed by Bank of England, says former Chancellor Lord Hammond

The Tory peer believes the bank’s Monetary Policy Committee will be concerned about pay rises well above its two per cent inflation target

Evening Standard

Bank of England set to rain on hopes of interest rate cut after economic bounce

This week’s Bank meeting is unlikely to bring borrowers any joy amid a strong recovery from 2023’s mild recession

The Guardian - UK

Bank of England’s interest rate decision on a knife-edge, economists say

Economists are split over whether the Bank’s policymakers will decide it is the right time to reduce rates on Thursday.

Evening Standard

"Construct and sequence songs from start to finish in a true DAW-style workflow": Akai Pro announces huge update to its MPC software

MPC 3 brings a new Arrange Mode, new mixer, new channel strips, enhanced automation capabilities and much more to standalone MPCs

MusicRadar

What You Need to Know Ahead of Marathon Petroleum's Earnings Release

Marathon Petroleum is all set to announce its second-quarter results next month, and analysts forecast a double-digit decline in the company’s bottom-line figure.

Barchart

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MusicRadar

MPC Stems goes standalone, bringing on-device stem separation to the Akai Pro MPC One, Live, X and more

MPC owners can now split samples up into four layers of stems using tech from Zplane

The Guardian - UK

BoE should ‘stop squeezing living standards’ and cut rates, says policymaker

Swati Dhingra says Bank of England’s monetary policy committee should lower interest rates in August

The Guardian - UK

Hopes of interest rate cut dashed by Bank of England economist

Huw Pill says he is uncomfortable with persistence of inflation

The Guardian - UK

Bank of England should keep interest rates on hold, says policymaker

Jonathan Haskel warns state of jobs market means inflation is likely to be higher than 2% target ‘for quite some time’

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inkl

Integrating Digital Wallets into Robotic Process Automation for Business Efficiency: The Role of MPC Wallets

In today's fast-paced business environment, efficiency and security are paramount. Companies are increasingly turning to Robotic Process Automation (RPA) to streamline operations and improve productivity.

Creative Bloq

Making the VFX for Netflix's Atlas

MPC reveals how it made the most challenging sequence in the upcoming sci-fi movie.

Barchart

Is Marathon Petroleum Stock Outperforming the Nasdaq?

While Marathon Petroleum has outperformed the Nasdaq Composite over the past year, Wall Street analysts remain cautiously optimistic about the stock’s prospects.

The National (Scotland)

Interest rates held by Bank of England despite inflation drop

The Bank of England has held interest rates at their highest level since 2008, despite UK inflation returning to its official 2 target last…

Evening Standard

Bank of England leaves interest rates on hold at 5.25%

Monetary Policy Committee decision means that there is no chance of a cut in borrowing costs before August

The Guardian - UK

Pound falls as UK interest rates left on hold in ‘finely balanced’ decision – as it happened

Bank of England leaves interest rates unchanged despite inflation falling to its 2% target yesterday

The Guardian - UK

Upbeat inflation news may be too little, far too late for Sunak

It will take time for voters to forget the financial toll from the highest inflation in four decades – and time is not on the PM’s side

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