The Latest Breaking News from MPC

Bank warns of inflation rising to 11% after split vote to lift rate, for fifth time in a row, by 0.25 points

UK central bank has raised interest rates to 1.25%, warned inflation will exceed 11% in autumn, and cut growth forecast for this quarter

No doubt remains as to whether the Bank of Thailand will raise interest rates. The bank's governor has made it clear they must be raised to deter rising inflation, and that this must be done in a timely manner. Analysts have taken his speech as indicating a 25bp hike will…

Decision on Thursday at 12pm

Tourism will be the key engine supporting Thailand's economic recovery, replacing the slowing export sector, says the Economic Intelligence Center (EIC), a research house under Siam Commercial Bank.

Marathon Petroleum (NYSE:MPC) has outperformed the market over the past 10 years by 6.85% on an annualized basis producing an average annual return of 17.52%. Currently, Marathon Petroleum has a market capitalization of $55.54 billion.

The economy looks to be descending and may even be close to stalling speed

City Voices: Former Bank Governor Mervyn King scores nought out of ten

Increasing the policy interest rate should not happen too late because inflation continues to rise, says Bank of Thailand governor Sethaput Suthiwartnarueput.

Someone with a lot of money to spend has taken a bearish stance on Marathon Petroleum (NYSE:MPC). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Recession red light blinks as output fell by 0.3% including services, production and construction