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Bank opens door for August interest rate cut
BBC via Yahoo Finance· 2 days agoThe rate-setting committee voted 7-2 to hold rates, but the result was not as cut and dried...timing of the election was "not relevant to its decision"....
US labor market, housing data point to slowing economy
Reuters via Yahoo Finance· 3 days agoFirst-time applications for U.S. unemployment benefits fell moderately last week, while new housing...
US job market shows signs of cooling; housing still struggling By Reuters
Investing.com· 2 days agoMeanwhile, separate data from the Census Bureau showed a housing market that continues to struggle...
Bank of England accused of ‘penalising the young’ by keeping mortgage rates high
The Telegraph via Yahoo Finance· 3 days agoThe Bank of England is “penalising the young” by keeping rates on 95pc mortgages artificially high,...
Canada Retail Sales Rise 0.7% in April, Pull Back in May — 2nd Update
Morningstar· 1 day agoOTTAWA--Canadian shoppers once again cut back on spending in May following a rebound the month before, a sign of the stress household budgets continue to face with interest
Bank of England to keep rates at 16-year high before UK election - BusinessWorld Online
BusinessWorld· 3 days agoBritain’s central bank looks on course to hold interest rates at a 16-year high of 5.25% on Thursday...
Bond prices are up and yields have dropped. What does that mean?
Marketplace· 5 days agoIn the last eight weeks — barring Monday, when the bond market retreated a bit — bond prices have...
Bank of England Holds Off on Rate Cut Despite Easing Inflation
The Wall Street Journal· 3 days agoBOE policymakers have stopped making...leave rates unchanged. Many economists expect the BOE to...
PM says ‘we’ve got there’ as inflation hits target, but summer rate cut in doubt
PA Media: Money via Yahoo Finance· 3 days ago“Prices have risen in the shops, mortgage bills are higher and taxes are at a 70-year high.”...
US labor market, housing data point to slowing economy
AOL· 3 days agoFirst-time applications for U.S. unemployment benefits fell moderately last week, while new housing construction dropped to the lowest level in nearly four years in May, suggesting ...