The Latest Breaking News from MPC

With wages growth and job vacancies slowing, the monetary policy committee should hold interest rates again if it wants to avoid storing up trouble

UK consumer prices inflation remained at 6.7% in September, dashing hopes of a fall, as petrol and diesel prices increase

RBI’s Monetary Policy Committee decision to leave interest rates unchanged even as the central bank warned of the major risk that ‘high inflation’ poses to macroeconomic stability is a clear sign that monetary authorities find themselves caught in a cleft stick.

Considering the burgeoning crude oil prices, the energy sector has considerable potential for significant expansion this year. Given this backdrop, quality energy stocks TotalEnergies SE (TTE), Marathon Petroleum Corporation (MPC), and Valero Energy Corporation (VLO), which are outpacing Exxon Mobil (XOM), could be wise portfolio additions now. Read on….

The Chart of the Day belongs to the energy company Marathon Petroleum (MPC) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart...

Decision to hold rate at 5.25% will be good news for mortgage holders and firms but reflects dramatic weakening of economic activity

The Bank of England announcement comes after inflation unexpectedly fell this week

City Voices: Higher interest rates and more people out of work means there is just less money to go around

Rising unemployment and sluggish economic growth are unlikely to derail Threadneedle Street’s drive to curb inflation