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Homeowners given hope of THREE interest rate cuts this year by a new report by leading economists
Evening Standard via Yahoo News· 4 days agoThe IMF added: “At the same time, there is a risk of delayed easing. Keeping Bank Rate constant as...
Bank of England has room for three interest rate cuts this year, IMF suggests
Yahoo Finance UK· 4 days agoDespite the recommendation, the IMF noted the Bank had to balance the risk of cutting too quickly...
Bank of England on course for summer rate cut, suggests deputy governor
The Telegraph via Yahoo Finance· 5 days agoData released on Wednesday is expected to show inflation of 2.1pc in the year to April, close to the...
Why a summer rate cut is still in play despite inflation ‘shocker’
Daily Telegraph· 3 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 ...
Economic growth slows as Britain heads towards election
The Telegraph via Yahoo Finance· 2 days agoBritish markets are now fully pricing in the first Bank Rate cut in November – with a second cut...
CD Rates Forecast 2024: Will CD Rates Go Up?
GoBankingRates via AOL· 3 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...
Rates should be cut to 3.5% by end of 2025, IMF says
BBC via Yahoo Finance· 4 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%...
Abrdn CEO Bird exits abruptly after four rocky years
Reuters· 1 day 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...
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...
Government borrowing in April higher than forecast in blow to Chancellor
PA Media: Money via Yahoo Finance· 3 days ago“The EY ITEM Club thinks this underperformance will continue through the rest of the financial year,...