Rolling coverage of the latest economic and financial news. 16:17 Today’s speech by Bank of England chief ...
Four lenders have today announced they are making mortgage price hikes this week amid uncertainty around interest rates.
There are fears that interest rates could be hiked again as employment holds strong and inflation remains difficult to ...
Blue chips had a stellar morning as the FTSE 100 index soared to a new all-time high of 8.073. Though the index has come back ...
The BOE dropped its key rate, down to 0.1% in March 2020 in an ... This is its seventh consecutive rise and takes U.K. interest rates to a level last seen in 2008. In a release explaining its ...
The U.S. dollar climbed to a fresh 34-year peak against the yen in quiet trading on Monday, with investors taking their cue ...
BORROWERS are being hit with a “hurricane of rises” as almost half a dozen lenders prepare to hike mortgage rates. NatWest, ...
UK inflation fell to 3.2% in the 12 months to March. Here’s what’s next for inflation and interest rates, and what it means ...
The US Dollar Index (DXY) is trading mildly higher at 105.90, buoyed by high US yields amidst hawkish bets on the Federal Reserve (Fed). The US economy continues to display robust growth, which has ...
His comments leave him in the hawkish camp on the BOE’s Monetary Policy Committee who are warning against turning to interest rate cuts too soon. While he, along with the others, have withdrawn their ...