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First high street bank raises mortgage rates after election call
Daily Telegraph· 4 days agoMr Sunak said that the fall in the Office of National Statistics headline rate meant the Tories’...
Rates should be cut to 3.5% by end of 2025, IMF says
BBC via Yahoo Finance· 6 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%...
The economic stars aligned for an early election. The Tories had nothing left to lose
The Telegraph via Yahoo Finance· 5 days agoWhat is more, hopes of imminent relief for those having to refinance two and five-year fixed-rate...
UK inflation: When will the Bank of England cut interest rates?
Daily Telegraph· 5 days agoInterest rates are expected to fall this year as inflation drops back towards the Bank of England’s...
Morgan Stanley and Goldman Give Up on June Rate Cut at BOE
Bloomberg via Yahoo News· 4 days ago(Bloomberg) -- Some of Wall Street’s biggest banks have been forced to rethink how soon the Bank of...
BoE June rate cut less likely after inflation data, say brokerages
Reuters· 5 days agoGoldman Sachs, Barclays and Morgan Stanley said on Wednesday that a June rate cut from the Bank of...
Why a summer rate cut is still in play despite inflation ‘shocker’
Daily Telegraph· 5 days agoThe reaction is a blow for Sunak – but, given Bank of England officials have repeatedly hinted at summer cuts, traders also risk being too pessimistic. Yael Selfin, chief UK economist at KPMG ...
Government borrowing in April higher than forecast in blow to Chancellor
PA Media: Money via Yahoo Finance· 5 days ago“The EY ITEM Club thinks this underperformance will continue through the rest of the financial year,...
‘Sweet spot’ for savers as hundreds of accounts now pay double inflation
Daily Telegraph· 2 days agoInflation, which had peaked at more than 11pc in October 2022, fell to 2.3pc in April, close to the...
CD Rates Forecast 2024: Will CD Rates Go Up?
GoBankingRates via AOL· 5 days 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...
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