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Bank of England policymakers split on when to cut rates
Reuters· 2 days agoBank of England Governor Andrew Bailey has said inflation is moving in the right direction but some ...
Bank of England readies its rates steer as investors cool on cuts
Reuters· 2 days agoThe Bank of England must decide next week whether to update its message about when it might cut...
Taxpayer to fork out £85bn to cover Bank of England losses
The Telegraph via Yahoo Finance· 2 days agoTaxpayers will cover £85bn of losses made by the Bank of England on its quantitative easing...
Bank of England tweaks lifetime loss estimate for QE programme
Reuters via Yahoo News· 3 days agoThe Bank of England on Tuesday tweaked its estimates for the overall losses made by its quantitative...
UK mortgage approvals hit 18-month high in March, Bank of England says
Reuters· 3 days agoLenders approved...March, up from 60,497 in February and the highest total since September 2022. A ...
Bank of England tells payment firms to step up disruption mitigation plans
Reuters via Yahoo News· 3 days agoCustomers have been locked out of accounts and unable to make payments for hours on end in some...
US not suffering from ‘stagflation’, says Fed chairman Jerome Powell
The Telegraph via Yahoo Finance· 1 day agoMr Powell’s rosier-than-expected assessment of the US economy will raise hopes that interest rates...
OECD upgrades global growth outlook as US outperforms - BusinessWorld Online
BusinessWorld· 20 hours agoThe global economy would maintain the 3.1% growth rate seen last year and pick up marginally to 3.2%...
Companies Begin Cutting Debt Due to High Interest Rates
The Wall Street Journal· 2 days agoThe current high interest rates have pushed up the cost of borrowing for most companies, forcing...
Greenback strength to persist on delayed Fed rate cut calls By Reuters
Investing.com· 17 hours agoRecovering from a lull in late-2023, the greenback has shrugged off forecasts for dollar weakness...