Experts at Wall Street investment bank Goldman Sachs are backing such a move by the Fed, taking rates to 2.75% and 3%. But, the world’s most influential central bank is not expected to stop there.
This week, all eyes will be on the Bank of England's (BoE) rate decision, along with the release of quarterly earnings ...
A bigger interest rate rise will be on the table at the next meeting of the Bank of England’s decision makers, the Bank’s boss will say as he pledges to get inflation under control. Governor ...
LONDON: Two Bank of England (BoE) officials moved to reinforce signals of an imminent rise in United Kingdom interest rates to curb inflation, with one telling households to brace for a ...
Banks have been revelling in the BoE’s sharp rate hikes, but today’s 25 basis point hike – which brings interest rates to 4.5 per cent – is unlikely to improve banks’ bottom line ...
The OECD now forecasts the UK economy will grow by 0.4% in 2024, down from the 0.7% expansion it predicted back in February.
The decision raises the prospect of turmoil in international currency markets where the Japanese yen has been falling and hit ...
BORROWERS are being hit with a “hurricane of rises” as almost half a dozen lenders prepare to hike mortgage rates. NatWest, ...
ANOTHER three lenders are hiking their mortgage rates today in a huge blow to first-time buyers and those needing to ...
Despite a lack of progress in American inflation towards their 2% target, the Federal Reserve (Fed) decided to leave interest ...
Four major lenders in the UK earned a total of £9.3 billion ($11.6 billion) in interest from their reserves with the Bank of ...
Despite minimal impact from UK local election results, GBP/USD struggled to maintain gains despite a record high for the FTSE ...