Mortgage costs rise as interest rates expected to stay higher for longer
“Swaps have gone up quite a bit, so we are thinking we’ll see quite a lot of rate movement over...
archiveInterest Rates
US dollar drifts higher after producer prices data
Tuesday's report showed the PPI gained 0.3% in January, up from forecasts of a 0.1% rise. On a year-on-year basis,...
Poor data to blame for Bank’s bad decisions, says Andrew Bailey
A new model was initially expected to be rolled out in March, but has now been delayed until September. Rob...
U.S. dollar slips, consolidates gains, but further upside likely
In this photo illustration, the man is holding several U.S. dollar bills with some Chinese yuan in the background.Sopa Images...
Dollar drifts higher as markets await U.S. inflation data
The dollar index, a measure of the U.S. currency against six of its peers, was slightly higher at 104.03 as...
Bank of England accused of ‘Project Fear narrative’ with Brexit obsession
The Bank of England has been accused of maintaining an “obsession” with Brexit as it emerged it is continually asking...
Powell: ‘The US is on an unsustainable fiscal path’
Federal Reserve Chair Jerome Powell said “the U.S. is on an unsustainable fiscal path” in a “60 Minutes” interview with...
We might raise interest rates next, says top Bank of England official
Mr Bailey on Thursday refused to be drawn on the timing of the first rate cut but did little to...
The Bank’s blunders will send Britain into deflation
In my view, the Bank of England, the European Central Bank, and the Fed have failed to keep up with...
What the Bank of England’s interest rate decision means for your money
Surging interest rates have caused mayhem in the property market over the past year, and many mortgage borrowers will hope...
