Experts at Wall Street investment bank Goldman Sachs are backing such a move by the Fed, taking rates to 2.75% and 3%. But, the world’s most influential central bank is not expected to stop there.
A bigger interest rate rise will be on the table at the next meeting of the Bank of England’s decision makers, the Bank’s boss will say as he pledges to get inflation under control. Governor ...
This week, all eyes will be on the Bank of England's (BoE) rate decision, along with the release of quarterly earnings reports from major companies including UBS and BP. These events will provide ...
LONDON: Two Bank of England (BoE) officials moved to reinforce signals of an imminent rise in United Kingdom interest rates to curb inflation, with one telling households to brace for a ...
Banks have been revelling in the BoE’s sharp rate hikes, but today’s 25 basis point hike – which brings interest rates to 4.5 per cent – is unlikely to improve banks’ bottom line ...
The decision raises the prospect of turmoil in international currency markets where the Japanese yen has been falling and hit ...
Commodities Update: As of 14:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: -0... In this edition of Central Bank Watch, we’ll cover the two ...
BORROWERS are being hit with a “hurricane of rises” as almost half a dozen lenders prepare to hike mortgage rates. NatWest, ...
Despite a lack of progress in American inflation towards their 2% target, the Federal Reserve (Fed) decided to leave interest ...
Four major lenders in the UK earned a total of £9.3 billion ($11.6 billion) in interest from their reserves with the Bank of ...
ANOTHER three lenders are hiking their mortgage rates today in a huge blow to first-time buyers and those needing to ...
Despite minimal impact from UK local election results, GBP/USD struggled to maintain gains despite a record high for the FTSE ...