Barclays, Nationwide and other banks announce new mortgage rules after Bank of England rate cut
Lenders have swiftly reduced their rates following the Bank of England's decision to lower the base rate to 4.5% yesterday afternoon ...
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The areas where house prices are rising the fastest as average UK property price hits new high
Halifax says UK house prices have hit a new high - here’s the areas where property prices are rising the fastest.
Bank of England’s top economist dismisses hopes of big interest rates cuts in further blow to Rachel Reeves
Rachel Reeves has suffered another blow in her bid to boost tepid economic growth after the Bank of England played down the idea of a big interest rate cut later this year. At such a critical moment ...
What does inflation mean? Common economic jargon explained in simple terms
Interest rates are down. Inflation is likely to rise again. And economic growth is stagnating. But what do these frequently ...
FTSE falls and Wall Street heads lower as US job creation slows in January
US stocks traded lower after fresh data showed the economy added 143,000 jobs in January, fewer than the 175,000 expected by ...
Noise, not signal
The rationale for the bank’s doves may be to frontload cuts — the UK still has some of the highest rates globally — before the rise in inflation makes it prohibitive. This was the market’s ...
Bank of England chief dismisses inflation as 'upward blip' and 'unlikely' to impact everyday prices
The Bank of England's chief economist Huw Pill said that despite forecasts of inflation climbing to 3.7% in the second half ...
GBP/USD Weekly Outlook: Pound Sterling eyes US inflation, UK GDP data for a fresh direction
Sustained USD weakness helped the Pound Sterling build on its recovery momentum, driving GBP/USD to test the 1.2550 level – its highest point in a month. The turnaround, however, was short-lived as ...
Stronger wage growth requires caution and care on rates, says BoE's Pill
Bank of England Chief Economist Huw Pill said an expected rise in inflation this year would probably not lead to second-round ...
European stocks end the week lower amid U.S.-China trade spat volatility
European stock markets ended the day in negative territory after a key U.S. jobs report disappointed investors. The ...
Bank of England halves UK growth projection and cuts main interest rate to 4.50%
The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate Thursday ...
Yen Marches Higher on Rate Hike Bets; US Jobs Data in Focus
TOKYO (Reuters) - The yen climbed to a nine-week high as market players piled on bets for more interest rate hikes in Japan ...