U.K. Inflation Unexpectedly Rebounded in December, Raising Questions for Bank of England — Update
U.K. consumer prices accelerated unexpectedly in December, driven by new taxes on tobacco products, potentially pushing out calls for interest-rate...
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EU confident of Orbán U-turn on allowing money to Ukraine – POLITICO
BRUSSELS ― Budapest has signaled to the EU that it is ready to lift its opposition to funding Ukraine ―...
Mortgage payments soar by £200 a month after interest rate hikes
During the first lockdown, the average payment fell to a low of £657 per month – almost £250 below current...
Gold rises on the back of weaker dollar; U.S. inflation data in focus
Gold bars and gold coins of different sizes lie in a safe on a table at the precious metal dealer...
Sunak’s huge economic bet ahead of an unusual election
“Inflation is falling faster and further than we, or anyone else, expected,” says Sanjay Raja, a senior economist at the...
Fed rate cuts come too late to avert a fresh wave of US bank failures
“You can’t raise rates this quickly and not expect a financial shock. We’re already working on transactions at 50pc on...
Goldman Sachs predicts faster interest rate cuts
Goldman Sachs upgraded its growth forecasts as a result of its new interest rate expectations.The smaller blow to household finances...
The Bank of England is about to put the final nail in the Tory coffin
In response, City analysts are forecasting that interest rates will start coming down at least by March, and have already...
Dollar gains against most currencies as U.S. nonfarm payrolls loom
The U.S. currency gained on news that U.S. private employers hired more workers than expected in December. Private payrolls increased...
HSBC first big bank to offer sub-4pc mortgages as rate war heats up
He added: “These cuts are just the latest salvo in an increasingly fast-moving market. HSBC’s move is notable in that...
