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AI lacks judgement to set interest rates, Singapore central bank head says
WSAU Wausau· 2 hours agoLONDON (Reuters) - Artificial intelligence lacks the human judgement skills needed to set interest...
How do interest rates affect me and when will they come down?
BBC via AOL· 4 hours agoHowever, if rates fall, interest payments may get cheaper. Low interest rates are good for...
Fed’s Kashkari Says Rates Likely on Hold for ‘Extended Period’
Bloomberg via Yahoo Finance· 1 hour ago(Bloomberg) -- Federal Reserve Bank of Minneapolis President Neel Kashkari said it’s likely the...
Bank of England not yet ready to cut UK interest rates, experts say
PA Media: Money via Yahoo Finance· 10 hours agoMeanwhile, the central bank in the US, the Federal Reserve, said on Wednesday it was keeping its key...
Highest savings rates today: Sock away savings with bigger yields on a high-interest account — May...
AOL· 6 hours agoSavings rates and high-interest accounts in the news Savings rates strongly correlate with the...
Fed’s Kashkari: Rates will stay high for 'extended period' and can't rule out a hike
Yahoo Finance via AOL· 31 minutes agoMinneapolis Fed president Neel Kashkari said interest rates will likely stay at current levels for...
Bank increases interest rate on Cash ISA to 4.7% and earns 'excellent' rating
Daily Express· 5 days agoCharter Savings Bank has increased the interest rate on its fixed rate Cash ISA to 4.7 percent,...
Tracker reveals gap in UK SME savings rates
Retail Banker International via Yahoo Finance· 47 minutes agoThe average SME in the UK has around £75,000 of business savings. Allica Bank says SMEs are offered less than 1.6% interest on average on this balance by...
Bank of England interest rate cut won't come this week, economists say
Daily Express· 8 hours agoThe Monetary Policy Committee (MPC) at the bank, which is in charge of determining UK interest...
Bank of England set to offer clues on rate cut timing, though City expects rates to stay on hold...
Evening Standard via Yahoo Finance· 3 hours agoPressure is mounting on the Bank of England for the first interest rate cut of the post-pandemic...