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Savings Account Rates Are Falling. Why Some Banks Are Paying Less.
Barrons.com· 6 days agoFEATURE It isn’t your imagination. Interest rates on deposits in typically high-yielding online...
Abrdn CEO Bird exits abruptly after four rocky years
Reuters· 3 days 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...
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...
‘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...
Summer interest rate cut ‘possible’, says Bank of England deputy governor
PA Media: Money via Yahoo Finance· 7 days agoMr Broadbent will be replaced in his role by Clare Lombardelli, chief economist for the Organisation...
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...
Pound Sterling remains underpinned against US Dollar ahead of UK CPI and Fed minutes
The Forex Market· 6 days agoThe Pound Sterling (GBP) remains firm, trading slightly above 1.2700 in Tuesday’s European session.
Abrdn CEO Bird exits abruptly after four rocky years
StreetInsider· 3 days agoLONDON (Reuters) -Abdrn CEO Stephen Bird has stepped down, the British fund manager said on Friday, after a turbulent four-year tenure marked by deep outflows of client cash and a controversial ...
BoE's Bailey sets out reserves plan as it unwinds huge bond purchases
StreetInsider· 6 days agoLONDON (Reuters) -Bank of England Governor Andrew Bailey set out an outline for how the central bank intends to keep money markets stable as it sells more of the 875 billion pounds ($1.11 trillion ...
UK inflation predicted to drop close to Bank of England’s 2% target
The Independent via Yahoo Finance· 6 days agoEarlier this month, Mr Broadbent was among those to vote for interest rates to remain at 5.25 per...
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