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The Latest Breaking News from MPC

Bank of England’s Mann: markets expect too many interest rate cuts this year

Senior policymaker says UK central bank is unlikely to move before US Federal Reserve

The Guardian - UK

3 Energy Leaders Surging in Market Performance

Amid increasing oil and gas demands, worsening geopolitical landscape, supply constraints, and surging oil prices, the energy sector is poised to witness stable growth in the near term. Against this backdrop, quality energy stocks Marathon Petroleum Corporation (MPC), DNOW Inc. (DNOW), and Matrix Service Company (MTRX) could be solid buys…

StockNews.com

Interest rates held by the Bank of England – but a cut is likely on the way

Rates remain at 5.25%, but inflation heading towards 2% all-but guarantees a welcome cut – and relief for Rishi SunakBusiness live – latest updates

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Bank of England votes 8 to 1 to leave rates on hold at 16-year high of 5.25%

City markets are now pricing in a rate cut in June

Evening Standard

Bank of England leaves interest rates at 5.25% but signals future cuts

Bank’s survey finds expectation of 4.5% base rate by end of 2024 amid ‘encouraging signs’ on inflation

The Guardian - UK

Bank governor says ‘things moving in the right direction’ amid criticism for leaving rates on hold – as it happened

UK central bank faces criticism for keeping Bank Rate at 5.25% after a shock rate cut in Switzerland and a hike in Turkey today

The Guardian - UK

The fight against UK inflation is being won – but when will interest rates be cut?

Prices are still going up but the tide has turned, raising expectations the Bank of England may cut rates in response

The Guardian - UK

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The UK economy is a long way from blossoming despite glimmers of hope

A deeper recession was avoided only thanks to record immigration, and the MPC is bound to be cautious about cutting interest rates

The Guardian - UK

Soon-to-open surgical theatres will reduce elective waits, minister says

The government is recruiting medical staff from the UK and NZ.

The Canberra Times

Bank of England will start cutting interest rates in June, City traders bet, as UK returns to growth

Cutting too early would risk restoking inflation, while too late could undermine the UK’s revival from recession

Evening Standard

Early interest rate cut in doubt amid ‘sticky’ wage growth

The Office for National Statistics (ONS) said regular wages rose at an annual rate of 6.1% in November to January, down only from 6.2% previously

Evening Standard

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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news in one place.

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The Guardian - UK

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

Top News

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.

Evening Standard

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

The Guardian - UK

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

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news in one place.

100's of premium titles.
One news app.

The Guardian - UK

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 Hindu

Prudence prevails: On keeping monetary policy disinflationary

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

StockNews.com

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….

Dynamite News

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:

The Hindu

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.

MusicRadar

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

The Guardian - UK

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

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