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Revised BoE call – Hot service inflation spells trouble
The Forex Market· 2 hours agoOn the back of continued strong inflationary pressures in the service sector, as evident in the...
Rates should be cut to 3.5% by end of 2025, IMF says
BBC via AOL· 23 hours 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%...
CD Rates Forecast 2024: Will CD Rates Go Up?
GoBankingRates via AOL· 4 hours agoA certificate of deposit is similar to a savings account in that you deposit funds into an account and earn interest on the balance. However, savings...
Bank of England has room for three interest rate cuts this year, IMF suggests
Yahoo Finance UK· 1 day agoDespite the recommendation, the IMF noted the Bank had to balance the risk of cutting too quickly...
UK inflation predicted to drop close to Bank of England’s 2% target
The Independent via Yahoo Finance· 1 day agoEarlier this month, Mr Broadbent was among those to vote for interest rates to remain at 5.25 per...
Pound Sterling strengthens as hotter-than-expected UK inflation pares back BoE rate cut bets
The Forex Market· 8 hours agoThe Pound Sterling jumps to 1.2750 as UK inflation for April remains hotter than expected. UK annual...
Equity Markets Rally, Commodities Surge as US Inflation Slows | Investing.com
Investing.com· 6 days agoUS inflation came in line with expectations yesterday; core CPI fell for the first time in six...
How much interest would a 6-month CD earn now?
CBS News· 21 hours agoOpen a six-month CD to generate stronger returns now. At 5.30%: You would earn $26.16 in interest for a total of $1,026.16 after six months. At 5.27%:...
Homeowners given hope of THREE interest rate cuts this year by a new report by leading economists
Evening Standard via Yahoo News· 1 day agoThe IMF added: “At the same time, there is a risk of delayed easing. Keeping Bank Rate constant as...
Savings Account Rates Are Falling. Why Some Banks Are Paying Less.
Barrons.com· 1 day agoFEATURE It isn’t your imagination. Interest rates on deposits in typically high-yielding online...