Judo Bank now predicts the Reserve Bank will raise interest rates three times in 2024 to levels not seen in 16 years - increasing the average mortgage repayment by $300 a month.The bank's chief economic adviser, Warren Hogan, forecast the key interest rate will rise to 5.1 percent by Christmas, from a 12-year high of 4.35 percent. Rate hikes in August, September and November this year would see the Reserve Bank of Australia's key interest rate reach levels last seen in December 2008 during the...
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.
Huw Pill warns inflation could rebound as UK business survey signals economy strengthened over last monthThe prospects of a summer cut in UK interest rates have receded after the Bank of England’s chief economist said inflation must be squeezed out of the economy and cautioned against cutting too soon.After a key survey signalled strong sales across the private sector over the past month and the London stock market rose to a record high, Huw Pill said concerns remained that inflation, which is...
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.]]>
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...
IMF is projecting a growth rate of 4.4 per cent for Ghana by the end of 2025. This was captured in the IMF’s Global Economic Outlook released on the sidelines of the Annual World Bank/ IMF Spring Meetings in Washington DC USA, on April 16, 2024. The IMF in the report also projected that Ghana […]