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Rates should be cut to 3.5% by end of 2025, IMF says
BBC via AOL· 3 days agoBut speaking at a news conference, Ali Abbas, the IMF UK mission chief, said the Fund recommended cutting the current Bank rate of 5.25% to either 4.75%...
Pound holds steady after Sunak's snap election announcement
Yahoo Finance UK· 2 days agoGoldman Sachs said: "Given firmer incoming price and wage data, we no longer expect a June Bank Rate...
Abrdn CEO Bird exits abruptly after four rocky years By Reuters
Investing.com· 17 hours agoLONDON (Reuters) -Abrdn CEO Stephen Bird has stepped down, the British fund manager said on Friday,...
'AI demand train running at full speed': Here's what Wall Street expects from Nvidia's first-quarter...
Business Insider via Yahoo Finance· 3 days agoNvidia CEO Jensen Huang.Sam Yeh/AFP/Getty Images Nvidia is set to report its first-quarter earnings...
Savings Account Rates Are Falling. Why Some Banks Are Paying Less.
Barrons.com· 4 days agoFEATURE It isn’t your imagination. Interest rates on deposits in typically high-yielding online...
Explainer: With inflation falling fast, will the BoE quickly cut rates? By Reuters
Investing.com· 4 days agoBritain's once towering inflation rate looks set to fall close to the Bank of England's 2% target on...
Homeowners given hope of THREE interest rate cuts this year by a new report by leading economists
Evening Standard via Yahoo News· 3 days agoThe IMF added: “At the same time, there is a risk of delayed easing. Keeping Bank Rate constant as...
Bank of England allots latest record amount at short-term repo operation
Reuters· 2 days agoThe BoE uses the weekly repo to help keep money market rates close to its official Bank Rate while...
Bank of England has room for three interest rate cuts this year, IMF suggests
Yahoo Finance UK· 3 days agoDespite the recommendation, the IMF noted the Bank had to balance the risk of cutting too quickly...
Why a summer rate cut is still in play despite inflation ‘shocker’
The Telegraph via Yahoo Finance· 3 days agoAndrew Bailey has said he is “optimistic” the inflation crisis is at an end. Ben Broadbent, the...
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