City comment: Don’t shoot the MPC pilots BoE rate setters face an unenviable task this week as economic indicators send mixed messages Evening Standard · Dec 13, 2022
Fears for UK economy after manufacturing sector shrinks by 4% Industry body Make UK says ‘no sugar-coating poor outlook’ for next year and ‘possibly beyond’ The Guardian - UK · Dec 12, 2022
Bank of England to hike mortgage repayments again next week Interest rates to be raised another half of a per cent Wales Online · Dec 11, 2022
More mortgage pressure as Bank of England 'to raise interest rates' further THE Bank of England is expected to raise interest rates even higher next week at its next meeting, putting further pressure on mortgages. The National (Scotland) · Dec 11, 2022
Bank of England set to spoil the festive mood with another interest rate rise The Bank is likely to raise borrowing costs again this week – but how much longer can they keep going up? The Guardian - UK · Dec 11, 2022
4 Oil and Gas Stocks to Buy Before the Winter Freeze The oil and gas industry benefited from the rising crude oil process earlier this year thanks to the sanctions on Russian oil exports and production cut by OPEC+. While oil prices recently declined to pre-war levels on economic jitters, rising energy demand in winter should benefit Marathon Petroleum (MPC), Valero… StockNews.com · Dec 8, 2022
‘Worst of inflation over’: RBI moderates rate hike to 35bps MUMBAI: Reserve Bank of India governor Shaktikanta Das on Wednesday increased key interest rates by 35 basis points, taking the total increase in rates since May to 225 basis points. The Times of India · Dec 7, 2022
RBI Monetary Policy Committee Hikes Policy Rate By 35 Bps To 6.25 Per Cent The Reserve Bank of India monetary policy committee (MPC), which determines interest rates, has raised policy repo rate by 35 basis points (bps) to 6.25 per cent with immediate effect. Read on for details: Dynamite News · Dec 7, 2022
Swati Dhingra of the Bank of England: ‘Are we going to end up deepening the recession?’ In her first interview since joining the monetary policy committee, Britain’s newest interest-rate setter warns inflation is not the biggest threat to the economy – because ‘the slowdown is here’ The Guardian - UK · Dec 3, 2022
Brexit has fuelled surge in UK food prices, says Bank of England policymaker Britons need to be kept aware of the cost of leaving the EU, says Swati Dhingra The Guardian - UK · Dec 3, 2022
When is the next UK interest rate announcement and will they go down in 2024? Interest rate announcements affect millions of homeowners with variable-rate mortgages Evening Standard · Dec 2, 2022
BoT hikes policy rate as recovery gathers steam The Bank of Thailand believes the country's economy will take off in the final quarter of this year and return to pre-pandemic growth levels. Bangkok Post · Nov 30, 2022
1 Energy Stock to Stay Bullish on in 2023 Despite widespread market uncertainties, energy company Marathon Petroleum (MPC) recently increased its dividend payouts by almost 30%. It has gained more than 90% in 2022, and Wall Street analysts expect it to rally further shortly. Therefore, investors might consider staying bullish on MPC in 2023. Keep reading…. StockNews.com · Nov 30, 2022
Adelaide cameos for factory Audi GT drivers Factory Audi drivers Chris Mies and Kelvin van der Linde are heading to Adelaide for next week's GT World Challenge Australia finale. Motorsport · Nov 25, 2022
The Guardian - UK · Nov 24, 2022 Interest rate cut possible if economy demands, says Bank policymaker Deputy governor Dave Ramsden makes comments as CBI snapshot predicts tough winter for UK factories
The Independent UK · Nov 24, 2022 Bank’s deputy governor ‘conscious of great hardship’ faced by millions Dave Ramsden said that his ‘bias’ is toward further interest rate rises, but he would consider the case for cutting rates.
StockNews.com · Nov 22, 2022 2 Energy Stocks That Are Crushing the Market Right Now Rumors of OPEC increasing output were negated by Saudi Arabia amid the embargo on Russian oil. This could translate to a tight supply this winter. Hence, quality energy stocks Marathon Petroleum (MPC) and Valero Energy (VLO), which have crushed the market this year, could be solid buys now. Read on….
StockNews.com · Nov 18, 2022 The Best Oil and Gas Stock to Buy Into the End of 2022 Oil & Gas company Marathon Petroleum’s (MPC) impressive third-quarter results added to its stellar track record. With the EU embargo expected to impact crude supplies from Russia, the fundamentally strong company seems well-positioned to capitalize on opportunities to fulfill the supply gap and deliver impressive returns on investment. Read on….
Evening Standard · Nov 18, 2022 Nationwide hikes provision for bad loans as homeowners feel the pinch Senior execs at the UK’s biggest building society expect base UK rates to peak around 4%
The Conversation · Nov 16, 2022 Inflation: how to improve official predictions – by asking the public The eagerly awaited autumn financial statement from UK prime minister Rishi Sunak and chancellor Jeremy Hunt includes a key ingredient: a report from the Office for Budget Responsibility (OBR) on the predicted overall effects of the government’s policies on the economy. This is something the Liz Truss government studiously avoided…
The Guardian - UK · Nov 8, 2022 Bank of England will raise interest rates again, says chief economist Huw Pill says there is ‘still more to do’ on tackling inflation despite risks of prolonged recession
Daily Mirror · Nov 3, 2022 Why has the Bank of England hiked interest rates? All your questions answered The Bank of England issued a gloomy warning that the economy could fall into eight consecutive quarters of negative growth if current market expectations prove correct
The Independent UK · Nov 3, 2022 Britain facing ‘prolonged pain’ as Bank says recession could stretch into 2024 OLD ‘Everyone will be affected’: Hike in housing costs and increased inflation to hit hard
Bangkok Post · Nov 3, 2022 BoE: Britain faces two-year recession LONDON: The Bank of England raised interest rates to 3% on Thursday from 2.25%, its biggest rate rise since 1989, but it pushed back against expectations for further steep hikes, saying Britain faces a painful recession that could last two years.
Evening Standard · Nov 3, 2022 UK heading for longest recession in modern history, Bank of England warns Britain is heading for its longest recession in modern history with no recovery until summer 2024 the Bank of England warned on Thursday.