UK mortgage rates set to rise further…
The Bank of England’s monetary policy committee does not meet until June 22 but that doesn’t mean there’s any let...
archiveinflation
The Bank of England needs more independence, not less
Already, mortgage arrears and defaults are rising, with interest rates doubling or more for homeowners – hundreds of thousands of...
bne IntelliNews – Markets hope Erdogan’s new ‘financial whiz’ central bank chief is all she’s hyped up to be
The hype machine was not slow to spring into action in response to Recep Tayyip Erdogan’s June 9 appointment of Hafize...
Erdoğan taps Wall Street veterans as economic chaos looms – POLITICO
Press play to listen to this article Voiced by artificial intelligence. Since his re-election, Recep Tayyip Erdoğan has signaled a...
what does it mean for workers? – Communist Party USA
Jaime Dimon, Chair & CEO of JP Morgan Chase, appears to be positioning himself for a “higher calling.” It...
Global markets update: US stocks gain as investors await inflation data
US stocks gained on Tuesday as investors awaited inflation data and the Federal Reserve's monetary policy meet next week. US...
European Central Bank chief signals more rate hikes ahead with inflation still ‘strong’
European Central Bank head Christine Lagarde says inflation pressures are “strong."By DAVID McHUGH AP Business WriterJune 5, 2023, 11:39 AM...
Wall Street week ahead: Focus on OPEC meet, US economic data
In the week ahead on Wall Street, focus of investors will be on OPEC meeting and US economic data including,...
Record demand for 35-year mortgages as first-time buyers face soaring rates
The average age of a first-time buyer is now 32, according to Halifax, suggesting that many people are borrowing until...
Turkey’s new finance chief announces return to ‘rational’ economics – POLITICO
Turkey will have to dramatically change its economic policy in order to bring down rampant inflation, according to the country’s...
