Bank of England Cuts Interest Rates As British Economy Weakens
Sort by
Date
-
Stocks fall back to pre-Election Day levels amid renewed inflation and interest-rate concerns
The post-Election Day rally in stock prices is fading amid forecasts that the Federal Reserve will not lower interest rates as much as expected.NBC News - Jan. 13 -
What's the CD interest rate forecast for 2025?
Planning to open a CD account? It may help to know where experts say CD rates could head this year.CBS News - Jan. 13 -
India's inflation slows to lower-than-expected 5.22% in December, boosting case for rate cuts
The full year inflation forecast for the RBI's 2024 fiscal year ending June 2025 is projected at 4.8%.CNBC - Jan. 13 -
FirstFT: Dollar hits 2-year high as interest rate assumptions change
Also in today’s newsletter, China’s trade surplus reached a new record and the reinvention of El SalvadorFinancial Times - Jan. 13 -
Syria flooded with Pepsi and Pringles as rulers open economy
End of Assad-era restrictions on dollars, exorbitant duties and extortion leads to boom in foreign goodsFinancial Times - Jan. 13 -
Jamie Dimon on the economy, billionaires, and income inequality
The chairman and CEO of JPMorgan Chase explains why he's referred to cryptocurrencies like Bitcoin as a Ponzi scheme; his bank's efforts to improve the lives of lower-income Americans; and his ...CBS News - Jan. 12 -
Jamie Dimon on the economy
As chairman and CEO of JPMorgan Chase, the largest bank in America, Jamie Dimon has said he's "cautiously pessimistic" about the economy. He explains to "60 Minutes" correspondent Lesley Stahl how ...CBS News - Jan. 12 -
Russia’s war economy is a house of cards
The financial underpinnings look increasingly fragileFinancial Times - Jan. 12 -
A murder that shook British India and toppled a king
A businessman was shot dead in India 100 years ago. Then, a sensational tale unfolded.BBC News - Jan. 12 -
British hiker's family devastated as items found
Aziz Ziriat's family say they are devastated as his phone case is found by search teams in the Dolomites.BBC News - Jan. 11 -
This is what it could take for the Fed to hike interest rates
Some economists are now contemplating what was previously unthinkable — and they are focused on the personal-consumption expenditures price indexMarketWatch - Jan. 11 -
Is Donald Trump inheriting the best economy in history?
President-elect Trump will enter office with the lowest unemployment rate since Richard Nixon in 1969 — but red flags remain.MarketWatch - Jan. 11 -
Dow sees worst start to a year since 2016 as Fed rate-cut hopes fade for 2025
U.S. stocks are down so far in 2025 as market volatility climbs.MarketWatch - Jan. 11 -
Mexico to Avoid U.S. Tariffs, Economy Minister Says
President-elect Donald Trump wants tariffs if Mexico doesn’t comply with his border goals.Inc. - Jan. 10 -
Biden delivers remarks on the economy
Watch live coverage as President Biden delivers remarks on the economy from the White House. This comes as the U.S. economy added 256,000 jobs in December, according to a Bureau of Labor Statistics ...NBC News - Jan. 10 -
Stocks and Bonds Fall After Strong Jobs Report Fuels Interest Rate Concerns
Stronger-than-expected data on the labor market has added to clues that the economy continues to run at a solid pace, amplifying fears about stubborn inflation.The New York Times - Jan. 10 -
Surprising December jobs growth is denting chances of a first-half Fed rate cut
Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of ...MarketWatch - Jan. 10 -
Hiring boost indicates Trump will inherit healthy economy
The data may help determine whether the Fed will cut interest rates this month.ABC News - Jan. 10 -
Jolted Australia are on the tear again – England have their work cut out
Healy’s side have reacted strongly again to World Cup pain and the tourists need to keep the series live until the Test. If you’re playing against the Australian women’s cricket team, there are ...The Guardian - Jan. 10 -
Strong December job growth could augur fewer Fed interest-rate cuts
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.CBS News - Jan. 10 -
U.S. economy adds 256,000 jobs in December, unemployment rate at 4.1%
The final jobs report of the Biden administration has been released. It shows that the U.S. economy added 256,000 jobs in December and that the unemployment rate came in at 4.1%. NBC News’ ...NBC News - Jan. 10 -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - Jan. 10 -
China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy
The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier assets like stocks and real estate.The New York Times - Jan. 10 -
Lebanon Turns a Political Page as Hezbollah’s Hold Is Weakened
A stinging defeat in war has left the once untouchable group on its most uncertain footing in years.The New York Times - Jan. 10 -
Fed Governor Bowman says December interest rate cut should be the last
Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but doesn’t see the need to go any further.NBC News - Jan. 9 -
HELOC interest rates drop to 18-month low: Should you open one now?
HELOC interest rates dropped again this week. Here are three reasons why you should open the line of credit now.CBS News - Jan. 9 -
What's a good home equity loan interest rate in 2025?
With the interest rate climate changing again, it helps borrowers to know what a good home equity loan rate is now.CBS News - Jan. 9 -
Fed Governor Bowman says December interest rate cut should be the last
Bowman said Thursday she supported the recent interest rate cuts but doesn't see the need to go any further.CNBC - Jan. 9 -
Why two Fed officials doubt the need for many more rate cuts
One official warned that “progress on inflation could continue to stall.”MarketWatch - Jan. 9 -
China bets on kitchen appliances to boost economy
A list of subsidised household goods has been expanded as Beijing tries to increase domestic spending.BBC News - Jan. 9 -
'Trump 2.0' looms large over the global economy
Donald Trump's planned tariffs are expected to greatly impact international trade in 2025.BBC News - Jan. 9 -
Fed officials saw need for ‘careful approach’ to future rate cuts
Minutes from December meeting show policymakers are concerned about US inflation risksFinancial Times - Jan. 8 -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - Jan. 8 -
Lloyds Banking Group’s branch shake-up fuels concern over closures and job cuts
Company’s customers across Halifax, Bank of Scotland and flagship brand to be allowed to use others’ premisesFinancial Times - Jan. 8 -
What's a good CD interest rate in 2025?
CD rates have dropped, but they're still relatively high as 2025 begins. Here's what's considered a good rate now.CBS News - Jan. 8 -
What factors drive mortgage loan interest rates?
The Fed rate decisions aren't the only factor that plays a role in where mortgage rates head next.CBS News - Jan. 8 -
Fed Minutes May Show Why More Rate Cuts Will Face Hurdles
After a quarter-point cut in December, Chairman Jerome Powell said policymakers may be more cautious, since the incoming administration will create more uncertainty.Inc. - Jan. 8 -
Body found in search for missing British hikers in Italy
Aziz Ziriat, 36, and Samuel Harris, 35, from London, had not been heard from since 1 January.BBC News - Jan. 8 -
Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation
Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.MarketWatch - Jan. 8 -
Bank of England to relax rules for banks and insurers
PRA’s Sam Woods says burden can be eased without ‘race to the bottom’ on financial regulationFinancial Times - Jan. 8