The Bank of Canada's interest rate decision on Wednesday didn’t bring cuts, but it did bring new insight into where the central bank thinks interest rates may be headed. The bank kept its overnight interest rate steady at five per cent, but it raised something else: its nominal neutral interest rate. The neutral rate is the rate at which the central bank’s monetary policy is neither stimulating nor holding back the economy. It's essentially the "Goldilocks" interest rate, explained...
The path for the Bank of England to cut interest rate cuts looks increasingly uncertain, particularly as the US Federal Reserve looks set to wait a while longer before loosening policy.
Dave Ramsden, one of the nine Monetary Policy Committee (MPC) members, told an audience in Washington that he was now "more confident" that inflationary pressures were receding.
Most of this week has been dominated by discussions about when the Bank of England will start cutting interest rates.
HOPES are fading that the Bank of England will soon lower rates and take the pressure off squeezed Brits. Megan Greene, one of the Bank’s rate-setters, yesterday said that interest rate cuts “shoul
Morgan Stanley says that the Bank of England will cut interest rates as soon as May, in a notable sign of optimism amid waning market sentiment.
Consumers face the prospect of permanently higher interest rates amid geopolitical tensions and “slower globalisation”, a Bank of England official has warned.]]>
Markets think the Bank of England will cut interest rates just twice in 2024 reflecting concerns around the persistence of inflation.
Chattanooga Gas filed a financial review of its 2023 revenues, operational costs, and investments with the Tennessee Public Utility Commission (TPUC), including seeking a rate increase.
The Bank of England 's governor last night forecast another big drop in inflation after it fell to the lowest level since September 2021.
The teddy, which is widely considered to be a racist caricature of black people, was first spotted by shoppers in the window of Preloved, in Skipton, on Wednesday.
It was an absolute run-fest in Delhi on Saturday as SunRisers Hyderabad went past 250 for the third time in the IPL 2024. With the help of some tremendous hitting from Travis Head, Abhishek Sharma and Shahbaz Ahmed, SRH put up an intimidating total of 267/6 in 20 overs. However, DC put up a strong fight with youngster Jake Fraser-McGurk taking a leading role. He came out all guns blazing scoring a 15-ball half century, the fasted in IPL 2024 this season. It's the joint third-fastest fifty in the...