What if – the US dollar loses its status as the world’s reserve currency?
So far, China has made only moderate use of this lever, as the use of the USD has also facilitated...
archiveInterest Rates
European Central Bank lifts rates by 25 basis points, pledges ‘data-dependent’ approach
Last Updated: July 27, 2023 at 8:34 a.m. ET First Published: July 27, 2023 at 8:24 a.m. ET The European...
Fed hikes may lead to more U.S. regional bank failures
"You keep squeezing the toothpaste tube, you keep rolling it up, you keep raising rates, and you know things are...
ECB set to hike interest rates to 4.25% with further increases possible – The Irish Times
The European Central Bank (ECB) will keep the door open for another rate increase in September, after pushing through a...
Higher rates will delay buying decisio…
Homebuyers should get used to interest rates of 6% to 7% being the norm, a senior industry executive claims.
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‘I’m 74 and my £400k Isa is yielding £13k a year – should I switch to savings accounts?’
The existing US equity weighting (£99,000) is already suitable for a growth strategy, as the US rally has potential to...
Why Britain’s buy-to-let dream is dying
The picture that’s emerging is of a broken system in which everyone is hurting – landlords and tenants alike. The...
Don’t be fooled by inflation – Britain is hurtling towards recession
This has brought into play another abiding economic truism: that periods of excessive demand don’t just peter out and die...
The banks failing pass on savings rates – in defiance of Jeremy Hunt
Defending the measly rates on their easy-access accounts, banks often point to their fixed-rate deals, which are typically much better....
2-year fixed rate hits 6.66%, highest since 2008
The average level of a two-year fixed deal now stands at 6.66%, according to figures from data provider Moneyfacts, a...
