Presidents are “not permitted under the law” to fire Federal Reserve chair or demote governors, Powell insists FED CHAIR SAYS HE WILL NOT RESIGN EVEN IF PRESSURED BY TRUMP AFTER INTEREST RATE...
Narratives matter in economics, and we must acknowledge the circumstances the government faces and give credit where due Given the tone and content of much of the coverage in the British press,...
https://www.theguardian.com/commentisfree/2024/nov/07/labour-budget-bank-england-interest-rates
What the decision means for homeowners – and the implications for savings, loans and credit cards Bank of England cuts interest rates to 4.75% The Bank of England has cut the cost of borrowi...
Borrowing costs reduced for second time this year with Fed expected to cut US rates later on Thursday Business live – latest updates Mortgage borrowers have been put on notice that interest ...
https://www.theguardian.com/business/2024/nov/07/bank-of-england-cuts-interest-rates
Rare agreement among forecasters gives 96% chance of today’s MPC meeting cutting borrowing costs to 4.75% The Bank of England policymakers are widely expected to cut borrowing costs for busin...
Head of OBR says spending commitment would have ‘materially changed’ its forecast on Jeremy Hunt’s pre-election budget UK politics live – latest updates Treasury officials may have bro...
Live, rolling coverage of business, economics and financial markets as investors reassess bets after some polls suggest Kamala Harris has gained momentum IN GERMANY THE MANUFACTURING RECESSION ...
The Fed is likely to cut base rates this month – but its decision will come the day after an explosive US election There could be recriminations, protest marches and even social unrest on US ...
Markets conclude higher level of public spending could lead to higher inflation, making cuts in Bank of England rate less likely UK government borrowing costs have risen to their highest level ...
Bank of England figures show fourth monthly increase in a row as September approvals rise by 700 to 65,600 Business live – latest updates Demand for new home loans has risen to its highest l...
10-year gilt yields have risen in the past month but are within the range of other pre-budget periods UK government borrowing costs have risen ahead of Rachel Reeves’s budget on Wednesday. ...
British Retail Consortium says prices falling at fastest rate in three years and are 0.8% lower than a year ago The chances of a fresh cut in interest rates from the Bank of England next week h...
https://www.theguardian.com/business/2024/oct/29/shop-prices-lower-bank-of-england-rate-cut-
Economists at investment bank say markets are underestimating likely extent of action by Bank of England Business live – latest updates Interest rates are on course to fall to 2.75% by next ...
Surprise annual drop to 1.7% in September raises chance of interest rate cuts, increasing budget leeway UK inflation surprise opens up wriggle room for lower rates and less painful budget Surpri...
https://www.theguardian.com/business/2024/oct/16/uk-inflation-bank-of-england-interest-rates
Fall means interest rates could be cut faster than previously thought and is welcome news for Rachel Reeves UK inflation falls below 2% for first time since 2021 Surprise fall in UK inflation ba...
Gap between wages and inflation narrows in August, as UK unemployment rate dips to 4% Cooling labour market adds to Reeves’s tax-raising dilemma Business live – latest updates The growth ...
To get the necessary investment, Labour must bring the financial sector onboard while diluting its often malign influence Private equity barons lean on Reeves to dilute proposals for higher taxes...
GDP rises by 0.2% in August after flatlining in June and July but rate of expansion slower than first half of year The UK economy returned to growth in August after flatlining for two months, i...
Huw Pill’s comments come a day after governor Andrew Bailey raised prospect of ‘more aggressive’ cuts Business live – latest updates The Bank of England’s chief economist has warned ...
Pound reacts as Andrew Bailey tells Guardian borrowing costs could fall if inflationary pressures continue to ease Business live – latest updates The pound has fallen sharply after the gover...