As the Bank of England’s Monetary Policy Committee (MPC) announces its interest rate decision today it has the chance to…What to read next: Elphicke is wrong: the Tories haven’t abandoned the centre ground | Pro-Palestine campus protests have gone too far | Sunak’s ex-ministers demand Home Office overhaul | Tory MP Natalie Elphicke defects to Labour
Borrowers have been spared more mortgage pain following the Reserve Bank of Australia’s decision to keep interest rates on hold for the fourth meeting in a row. The board came to its decision on Tuesday after two days reviewing the the state of the economy and progress on inflation. Heading into the meeting, forecasters were […]
"Its likely that we will need to cut Bank Rate over the coming quarters possibly more so than currently priced into market rates," Bailey said.
“I’m optimistic that things are moving in the right direction,” Andrew Bailey, governor of the Bank of England said.
In a huge swing, markets are now only fully pricing in one rate cut by the Bank of England for 2024. But Chris Dorrell argues that, as things stand, more cuts are likely
The fading impact of interest rates and a larger population will provide a tailwind to the UK in the coming years, the Bank of England said.
The Bank of England kept interest rates steady on Thursday as expected and noted that its current monetary policy was managing inflation.
Bank Negara's Adnan Zaylani Mohamad Zahid said the country's monetary policy decisions will be determined by economic growth and the inflation outlook.
U.S. corporate bankruptcies reached their highest level in a year in April. That’s according to a Sunday (May 12) report by Seeking Alpha, citing data from S&P Global Market Intelligence which shows companies pressured by continued high interest rates. The data showed 66 new bankruptcy filings last month, up from 61 in March. S&P Global said the […]
Mortgage holders have avoided another rate rise with the RBA opting to keep rates steady for the fourth consecutive meeting• Get our morning and afternoon news emails, free app or daily news podcastBorrowers have been spared a 14th interest rate from the Reserve Bank and further increases are not certain as the central bank says it avoided a “tightening bias” even as inflation retreated slower than previously expected.The RBA left its cash rate on hold at 4.35% for a fourth consecutive meeting...
Huw Pill said it was 'not unreasonable' to expect Threadneedle Street to consider cutting interest rates over the summer.
Investors are set to focus on the MPC vote split, inflation outlook and Governor Andrew Bailey's comments on Thursday.