UK inflation – live: Tories call for cut to interest rates despite market gloom over rising prices
Tories are calling for the Bank of England to cut interest rates despite market gloom over new inflation data.Analysts say...
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What is inflation and when will the Bank of England cut interest rates?
Interest rates are expected to fall this year as inflation drops back towards the Bank of England’s 2pc target.Borrowing costs...
US federal budget crosses grim milestone as interest payments overtake defense spending
The United States has long had the world’s biggest defense budget, with spending this year set to approach $900 billion.Yet...
European markets dip and US mixed as attention turns to Nvidia earnings
Kingfisher shares are in the red today following its quarterly update, in which it held its guidance for the year....
Bank of England has room for three rate cuts this year, IMF suggests
Bank of England has been warned over delaying interest rate cuts. (Reuters / Reuters)The Bank of England should cut interest...
Summer interest rate cut ‘possible’, says Bank of England deputy governor
UK interest rates could be cut by the Bank of England as soon as this summer, according to its deputy...
US Inflation Eases; Rescue Package for China Property Crisis
(Bloomberg) -- A measure of underlying US inflation cooled in April for the first time in six months, a small...
HSBC cuts mortgage interest rates on 140 products in boon for homeowners
HSBC is among the major banks and building societies in the UK cutting mortgage rates in a boon for homeowners...
Mortgages fall on hopes of summer rate cuts
Andrew Bailey, the Governor, said he was “optimistic that things are moving in the right direction” although he would need...
Dollar rebounds after falling on weaker U.S. inflation, yen ticks up
The dollar skidded to multi-month lows on Thursday after U.S. core inflation hit its slowest in three years and retail...
