The Latest Breaking News from MPC

Interest rates soars to 13-year high as Bank of England warns energy bills will soon hit £2,800

It is a crippling cost of living crisis

Manchester Evening News · May 5, 2022

Bank of England warns energy bills will hit £2,800 and inflation will surge to 10%

The cost of living will hit a record high this year, the Bank of England is warning, with inflation due to hit 10% and the price of energy bills and food likely to keep rising

Daily Mirror · May 5, 2022

Bank of England raises interest rate to 1% - a 13-year high

The change will mean higher mortgage costs and increased charges for anyone in debt or who is borrowing

Wales Online · May 5, 2022

Independence day: why Gordon Brown gave the Bank the right to set interest rates

Analysis: New Labour’s chancellor revealed his plan to a surprised Eddie George and his private secretary, now governor, Andrew Bailey

The Guardian - UK · May 4, 2022

Sensex crashes 1,307 points after RBI's rate hike surprise; Nifty settles at 16,678

NEW DELHI: An off-cycle hike in repo rate by the Reserve Bank of India (RBI) spooked equity indices on Wednesday, with the benchmark BSE sensex crashing over 1,300 points.

The Times of India · May 4, 2022

EMIs set to rise as RBI hikes repo rate by 40 bps to 4.40%

NEW DELHI: In a surprise move, the Reserve Bank of India (RBI) on Wednesday hiked key repo rate by 40 basis points (bps) to 4.40 per cent amid rising inflationary pressures in the economy.

The Times of India · May 4, 2022

Business: RBI raises repo rate by 40 basis points to 4.40 pc with immediate effect

Reserve Bank of India (RBI) on Wednesday increased the policy repo rate by 40 basis points to 4.40 per cent with immediate effect. Read more on Dynamite News:

Dynamite News · May 4, 2022

Recap: Marathon Petroleum Q1 Earnings

  Marathon Petroleum (NYSE:MPC) reported its Q1 earnings results on Tuesday, May 3, 2022 at 06:05 AM. Here's what investors need to know about the announcement.

Benzinga · May 3, 2022

How the Bank of England base rate rise will affect you as inflation predicted to rise to highest level

Will the Bank of England rate change affect you?

Manchester Evening News · May 3, 2022

If You Invested $100 In Marathon Petroleum 10 Years Ago, Here's How Much You Would Have Today

Marathon Petroleum (NYSE:MPC) has outperformed the market over the past 10 years by 4.82% on an annualized basis producing an average annual return of 16.49%. Currently, Marathon Petroleum has a market capitalization of $49.56 billion.

Benzinga · May 2, 2022