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.
BORROWERS are being hit with a “hurricane of rises” as almost half a dozen lenders prepare to hike mortgage rates. NatWest, ...
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 ...
Rolling coverage of the latest economic and financial news ...
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 ...
EUR/GBP extends losing streak on growing expectations of BoE delaying rate cuts. The gains in the UK 10-year yield enhanced ...
After the last rate increase by the BoE's monetary policy committee handed down in May, the benchmark interest rate is now 4.5%. After recording some unwelcome inflation and wage growth figures in ...
Simply sign up to the UK inflation myFT Digest -- delivered directly to your inbox. The Bank of England interest rate cuts should be “a long way off”, one of the central bank’s most hawkish ...
The Bank of England held interest rates steady, targeting sustainable 2% inflation amid global uncertainty and persistent 4% UK inflation. The Bank of England’s (BOE) latest monetary policy ...
Blue chips had a stellar morning as the FTSE 100 index soared to a new all-time high of 8.073. Though the index has come back ...
WAGES are rising for millions of workers new figures reveal. Growth in regular pay, excluding bonuses, was 6% in the three ...