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The Latest Breaking News from MPC

The best movie monster designs: Godzilla, King Kong and more

From Clash of the Titans to Godzilla x Kong, cinema has delivered from fearsome characters.

Creative Bloq

Clare Lombardelli named deputy governor of Bank of England

Ex-Treasury official and adviser to David Cameron will replace Ben Broadbent, making MPC majority female for first time

The Guardian - UK

Bank of England governor predicts UK recession will be ‘very small’, as MPs push for interest rate cuts – as it happened

Andrew Bailey tells MPs there are signs that UK economy is picking up, after GDP shrank in the last two quarters

The Guardian - UK

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Britain is in a rut. Here are five ways to fix the economy

From unfreezing tax thresholds to boosting social housing, solutions to the UK’s problems don’t have to trigger the return of inflation

The Guardian - UK

Namibia's Central Bank Leaves Repo Rate and Forecasts Unchanged

The Bank of Namibia has decided to maintain the repo rate and key forecasts unchanged, signaling stability in the country's economic outlook.

Top News

Bank of England faces growing interest rate dilemma with wage growth still ‘uncomfortably high’

Latest figures from the Office for National Statistics (ONS) showed regular pay went up by an average of 6.2% in the three months to December

Evening Standard

Buoyant UK labour market data belies rise in long-term sickness

The absence of so many potential workers is taking a toll. In a literal sense, this is a sick economy

The Guardian - UK

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Recession verdict for UK economy will be no laughing matter for Hunt and Sunak

Figures on GDP, wages and inflation this week are set to offer Labour plenty of scope for criticising Tories’ economic competence

The Guardian - UK

Prudence prevails: On keeping monetary policy disinflationary

Policymakers need to stay steadfast in their resolve to durably slow price gains towards the 4% target

The Hindu

3 Energy Stocks Wall Street Loves

As geopolitical tensions escalate and demand surges alongside production slowdowns, oil prices are reaching boiling point. In this volatile environment, loading up the shares of three energy companies favored by Wall Street, Marathon Petroleum Corp (MPC), Weatherford International (WFRD), and Geospace Technologies (GEOS), might be a wise move. Read more….

StockNews.com

RBI pegs India's 2024-25 real GDP growth at 7%

The Reserve Bank of India (RBI), while maintaining the status quo in the repo rate, pegged India's GDP growth for the next financial year 2024-25 (April-March) at 7 per cent. Read further on Dynamite News:

Dynamite News

RBI’s MPC keeps repo rate unchanged at 6.5% to bring down inflation, support growth

The Reserve Bank of India's Monetary Policy Committee keeps policy repo rate unchanged at 6.50% for 2023-24.

The Hindu

Akai Pro’s MPC Key 37 is a standalone synth and sampling keyboard that promises to blend portability with power

After numerous leaks, this downsized version of the MPC Key 61 is finally official

MusicRadar

UK interest rates have peaked, the next move is down … but not yet

Bank of England’s rate-setting panel is split three ways – to hike, cut or hold –but analysts are now pencilling in a cut for late spring

The Guardian - UK

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Evening Standard

Bank of England leaves interest rates on hold at 5.25%

City forecasters do not expect the first cut in the cost of borrowing until May or June

The Guardian - UK

Bank of England expected to hold rates and warn on inflation

Wage growth fears likely to make Bank policymakers wait before cutting interest rates from 5.25%

Evening Standard

The Bank of England has failed. It must urgently lower interest rates

City Voices: The MPC has turned a blind eye to the economic warning signs that monetary policy is too restrictive

Evening Standard

London home sales have busiest start to year since pre-Covid — Foxtons

Buyers are flooding to take advantage of lower mortgage rates

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news in one place.

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The Guardian - UK

UK pay is rising, but Bank of England is still expected to cut interest rates

Outlook for employment looks weak enough to convince even hawkish policymakers to lower rates

Evening Standard

City on watch for Bank of England rate cut after latest lacklustre growth data

UK heads away from recession as economy grows in November but weak expansion adds to pressure on the BOE for action

StockNews.com

3 Oil & Gas Stocks in Focus This Week

Robust demand for oil and gas, production dynamics, and geopolitical tensions project a potential surge in oil prices for the foreseeable future. To that end, let's turn our attention to scrutinizing quality oil and gas stocks Enterprise Products Partners L.P. (EPD), Marathon Petroleum Corporation (MPC), and Global Partners LP (GLP),…

Creative Bloq

Revealing the VFX behind Ridley Scott's Napoleon - "he's just an incredible artist"

MPC's Charley Henley discusses working with Ridley Scott and the 'no CG' debate.

MusicRadar

“He was one of the great ones”: Artists pay tribute to Amp Fiddler, the influential Detroit musician who has died, aged 65

Fiddler is credited with introducing J Dilla to the MPC and played with George Clinton, Maxwell and Prince

The Guardian - UK

Easing of pay growth needed before rate cuts, says Bank of England’s Broadbent

Deputy governor feels MPC will need more convincing that wage pressure is abating

Evening Standard

Bank of England rate setter: 'Clearer decline' in wage growth needed before interest rates will be cut

Broadbent said the current stats on wage growth show a 'slightly muddy picture'

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