US FOMC meet outcome Live: Federal Reserve likely to hold interest rates
14 Jun 2023, 03:57 PM IST US FOMC meet outcome Live: Fed may pause, but maintain hawkish tone, says Vinod...
archiveInterest Rates
Rishi Sunak orders banks to protect borrowers from surging mortgage rates
Mortgage rates have soared since late May, with a typical loan from Halifax rising from 4.59pc to 5.41pc – adding...
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...
Which option will pay off the most?
Overpaying may help when you come to remortgageBorrowers with more equity in their property may be able to secure a...
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...
investors assess interest rate outlook, key data
U.S. Treasurys climbed Monday as investors considered what could be next for interest rates and weighed key economic data that...
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...
British long-term savings giant Phoenix dumps UK assets over inflation crisis
Phoenix is one of Britain’s biggest investment groups, with £260bn of assets under management.Gilt yields have been volatile since last...
The Bank of England has made Britain the sick man of Europe again
It fuelled a run up in asset prices that was always going to feed through to higher prices in the...
