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Inflation crisis was fuelled by economic groupthink, says Lord Mervyn King
The Telegraph via Yahoo Finance· 2 days agoLord King said: “In 2020 and 2021 when inflation started to rise there was not a single dissenting...
Euro zone yields slip after Fed signals rates higher for longer
Reuters via Yahoo Finance· 3 days agoEuro zone bond yields edged lower on Thursday after the U.S. Federal Reserve held interest rates steady and signalled it might have to leave rates elevated for longer than previously expected ...
Japanese Yen drops to 34-year low
The Forex Market· 6 days agoFocus today is on German and Spanish inflation data for April that will give important indications of where the euro area print tomorrow is heading. Both...
What Percentage Of My Income Should Go To My Mortgage?
Forbes· 5 days agoWhen you apply for a mortgage, the proportion of your monthly income that will go to fund the loan...
Building Society launches new Cash ISA paying 4.5% interest rate
Daily Express· 1 day agoMelton Building Society has relaunched its 180-day Notice Cash ISA today with an interest rate of...
Dow Jones Industrial Average gains on Monday ahead of midweek Fed showing
The Forex Market· 5 days agoDow Jones climbs 0.4% as equities lean bullish to kick off the trading week. The Dow Jones...
Bailey Grapples With BOE Divisions Over When to Cut UK Rates
Bloomberg via Yahoo Finance· 3 days ago(Bloomberg) -- Bank of England policymakers appear the most divided since they brought their hiking...
Record Cash Demand Spurs Speculation BOE Will End Bond Sales
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- Demand for cash from the Bank of England jumped to a record £12.2 billion ($15.3...
BOE’s Pandemic Stimulus Behind £115 Billion Hit to UK Taxpayer
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- The Bank of England’s effort to stimulate the economy during the pandemic is...
GLOBAL MARKETS-Investors hold fire ahead of US payrolls
Reuters via Yahoo Finance· 1 day agoInvestors hunkered down on Friday ahead of key U.S. non-farm payroll numbers that could shift bets on when the Federal Reserve will start cutting rates. U.S. stock index futures gained after ...