Bank of England rate-setter Jonathan Haskel warned that the “very tight” labor market is loosening only slowly and will be ...
Rolling coverage of the latest economic and financial news ...
The Pound Sterling refreshes a five-month low near the round-level support of 1.2300 as investors see the Bank of England ...
Interest rates are expected to drop later this year, so now's the time to take advantage of high APYs before it's too late.
The period of ultra-low interest rates, often dubbed the 'free money era', has officially concluded. This shift in global monetary policy signifies a critical turning point for economies worldwide, ...
Achieved record production in the fourth quarter of 2023 of 4,121 boe/d (99% crude oil) and exit December average production of 4,357 boe/d (99% crude oil). This represents a 267% increase from the ...
The United Kingdom's inflation rate slowed less than it was expected to in March, leading investors to bump back their ...
Britain's inflation rate slowed by less than expected in March, according to official figures published on Wednesday, adding ...
City investors trim their forecasts for rate cuts this year, after inflation falls by less than expected to 3.2% ...
“If you look at the transmission in lending rates from April to Feb, there is still transmission. In fact, there was a 13-basis point increase in (interest rate on) fresh loans in Jan ...
The IMF said many borrowers had been sheltered until now from the impact of higher interest rates ... highest proportion of fixed-rate mortgages, after a sharp increase in their popularity in ...
LONDON: Two Bank of England (BoE ... rise in United Kingdom interest rates to curb inflation, with one telling households to brace for a “significantly earlier” increase than previously ...