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Revised BoE call – Hot service inflation spells trouble
The Forex Market· 14 hours agoOn the back of continued strong inflationary pressures in the service sector, as evident in the...
Pound Sterling strengthens as hotter-than-expected UK inflation pares back BoE rate cut bets
The Forex Market· 20 hours agoThe Pound Sterling jumps to 1.2750 as UK inflation for April remains hotter than expected. UK annual...
Three banking giants slash mortgage rates
The Telegraph via Yahoo Finance· 7 days agoMortgages are falling amid hopes central interest rates could be cut as early as the start of summer. Barclays has announced it is lowering fixed-rate...
Homeowners given hope of THREE interest rate cuts this year by a new report by leading economists
Evening Standard via Yahoo News· 2 days agoThe IMF added: “At the same time, there is a risk of delayed easing. Keeping Bank Rate constant as...
The WSJ Dollar Index Rises 0.2% to 99.33
The Wall Street Journal· 2 days agoNEWSPLUS The WSJ Dollar Index is up 0.17 point or 0.17% today to 99.33 —Largest one-day point and percentage gain since Tuesday, May 7, 2024 —Up two of...
Savings Account Rates Are Falling. Why Some Banks Are Paying Less.
Barrons.com· 2 days agoFEATURE It isn’t your imagination. Interest rates on deposits in typically high-yielding online...
How much interest would a 6-month CD earn now?
CBS News· 1 day 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%:...
Three banking giants slash mortgage rates
Daily Telegraph· 7 days agoAhead of the Bank of England’s announcement, mortgage rates had been creeping up for several weeks. Lenders began raising the interest rates on new fixed...
Summer interest rate cut ‘possible’, says Bank of England deputy governor
PA Media: Money via Yahoo Finance· 2 days agoMr Broadbent will be replaced in his role by Clare Lombardelli, chief economist for the Organisation...
European Stocks Dip as Central Bankers Damp Rate-Cut Optimism
Bloomberg via Yahoo Finance· 5 days ago(Bloomberg) -- European stocks edged lower on Friday, following Wall Street’s slight pullback, as...