BankingUK interest rates held at 5.25%March 21, 2024108The Bank of England has kept UK interest rates at a 16-year high of 5.25 per cent, despite evidence that...
EconomyThree US interest rate cuts forecast this yearMarch 21, 202498The Federal Reserve anticipates it will cut US interest rates three times this year after leaving its target range unchanged...
BankingFederal Reserve faces ‘horrible choice’, warns Great Recession prophetMarch 19, 202491Mr Connolly said the next step will be highly political. Fed officials are alarmed by the prospect of a second...
BankingCredit crunch holding back UK housing marketMarch 19, 202455Falling inflation and lower interest rate prospects have led to growing confidence among sellers but analysts at the Bank of...
MoneyRisk of ‘lost decade’ as EU countries face economic cliff edge – POLITICOMarch 19, 2024100Southern European economies were mired in long recessions after the eurozone crisis in 2009, with public debt and unemployment soaring...
BankingShould the US Banking Crisis of 2023 Be a Footnote?March 18, 202453Stephanie Kim/ProMarket The 2023 banking crisis that took down four banks, including Silicon Valley Bank, by all appearances appears to...
BankingHow Britain’s inflation crisis exposed the Bank of EnglandMarch 17, 2024106Services costs are rising rapidly everywhere you look: care home fees are up by one-tenth. Cinema tickets have risen almost...
Banking‘I paid my mortgage for 36 years – and still lost my home to the bank’March 12, 2024214In Mr Fleming’s case, his interest-only mortgage repayments nearly tripled after his mortgage was sold in 2015 – from £670...
EconomySoaring interest rates are the real reason Britain has a debt problemMarch 10, 2024120Debt interest being such a large factor as it is now is far from being a new phenomenon. During the...
CurrenciesDollar set for sharpest weekly drop since mid-December ahead of U.S. payrollsMarch 8, 202499The dollar headed for its sharpest weekly drop of the year on Friday as Federal Reserve Chair Jerome Powell sounded...