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BOE bank rate maintained at 5.25%
StreetInsider· 2 days agoAt its meeting ending on 8 May 2024, the MPC voted by a majority of 7–2 to maintain Bank Rate at 5.25%. Two members preferred to reduce Bank< ...
How to survive the mortgage time bomb as interest rates remain high
The Telegraph via Yahoo Finance· 2 days agoThe Bank of England has held the Bank Rate at 5.25pc since August, which has likely been causing...
Three banking giants slash mortgage rates
The Telegraph via Yahoo Finance· 13 hours 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...
Jesse Jones: Nearly half of Americans say money woes are affecting their mental health
KIRO 7 Seattle-Tacoma· 2 hours agoHalf of US adults say money impacts their mental help negatively, more so than work or health...
What's too much? How 'tipflation' expectations are draining wallets
TV 7&4 Traverse City· 10 hours agoWell, tipping was a little bonus for exceptional service, right? The constant requests from tips is...
Bank of England to cut rates in August but June a very close call
Reuters· 12 hours agoThe BoE lifted Bank Rate by a combined 515 basis points from late 2021 to the middle of 2023, taking it to a 16-year high of 5.25% to tackle inflation that ...
BoE's Greene says she wants more evidence of waning inflation persistence
Reuters via Yahoo News· 13 hours agoThe Bank of England should wait for more conclusive evidence that strong inflation pressures in...
Dollar’s depreciation is more than welcome for the other central banks [Video]
The Forex Market· 17 hours agoIn metals and commodities, yesterday’s satisfactory US inflation data keeps the perspective of major...
Bank of England allots record amount at short-term repo operation
Reuters· 16 hours agoThe Bank of England allotted 14.444 billion pounds ($18.30 billion) of one-week funds in its...
Rate cuts thrown into doubt amid rising wages and jump in US inflation
The Telegraph via Yahoo Finance· 2 days agoHowever, he cautioned against cutting rates too soon, warning that inflation could become “embedded”...