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UK inflation: When will the Bank of England cut interest rates?
The Telegraph via Yahoo Finance· 3 days agoThe lower the interest rate, the more favourable the terms of the loan are. The higher the interest...
Canada Bank Watchdog Warns of Housing-Payment Shock by 2026
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- Canada’s banking watchdog warned that many homeowners who took out mortgages when...
Two-Speed World Weighs on G-7 With Inflation Fading Unevenly
Bloomberg via Yahoo Finance· 15 hours ago(Bloomberg) -- A two-speed global economy skewed by US strength is overshadowing this week’s Group...
What falling inflation means for mortgages, savings and investments
Daily Telegraph· 3 days agoLower inflation brings both good and bad news for savers. With inflation at just 2.3pc it is very...
Economic growth slows as Britain heads towards election
The Telegraph via Yahoo Finance· 1 day agoBritish markets are now fully pricing in the first Bank Rate cut in November – with a second cut...
Morgan Stanley and Goldman Give Up on June Rate Cut at BOE
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- Some of Wall Street’s biggest banks have been forced to rethink how soon the Bank of...
First high street bank raises mortgage rates after election call
Daily Telegraph· 1 day agoMr Sunak said that the fall in the Office of National Statistics headline rate meant the Tories’...
Best UK mortgage deals of the week
Yahoo Finance UK· 2 days ago“[Wednesday’s] inflation data unfortunately means markets will be pricing in a prolonged hold, meaning mortgage rates will remain around their current...
Abrdn CEO Bird exits abruptly after four rocky years
Reuters· 17 hours ago, opens new tab CEO Stephen Bird has stepped down, the British fund manager said on Friday, after a turbulent four-year tenure marked by deep outflows of...
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%...