Latest in Bank of England holds interest rate at 4.75% but warns of UK stagnation risk
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Bank of England keeps rates on hold as growth prospects dim
Central bank maintains benchmark at 4.75% and highlights risk of persistent inflationFinancial Times - 1h -
Interest rates held as Bank says economy doing worse
The Bank considered a rate cut as it thinks the economy has performed worse than it expected.BBC News - 2h -
Bank of England warns of 'heightened uncertainty' as it keeps interest rates on hold
The U.K.’s central bank has warned about “heightened uncertainty” as it kept interest rates on hold after inflation moved further above target even at a time when the British economy is flatlining ...ABC News - 3h -
Bank of England Holds Rates as U.K. Inflation Rises Amid Economic Uncertainty
Stubborn inflation, tax rises and high interest rates make it difficult for many to muster optimism, at least in the short term.The New York Times - 4h -
Bank of England holds rates but vote split surprises markets
Economists widely expected a rate hold at the December meeting, as policymakers remain concerned with stubborn services inflation and wage growth.CNBC - 4h -
Bracing for a Fed Pullback on Interest Rates
Wall Street sees the central bank cutting interest rates on Wednesday. But growing worries about inflation are adding to investor uncertainty about its policy agenda for 2025.The New York Times - 1d -
Bank of England holds interest rate at 4.75% but warns of UK stagnation risk
Central bank downgrades growth forecast amid threat from budget fallout, rising inflation and Trump trade tariffs. • Business live – latest updates . The Bank of England has kept UK interest ...The Guardian - 5h -
Bank of Japan holds rates at 0.25%, yen weakens to over four-month low
The decision comes a day after the U.S. Federal Reserve cut rates by 25 basis points, bringing the federal funds rate to 4.25%-4.5%.CNBC - 10h -
Stocks slide as US central bank signals slower pace of rate cuts
The Federal Reserve warned it would be cautious about more interest cuts in the face of inflation concerns.BBC News - 15h -
Fed cuts interest rates, delivering relief for borrowers
The rate decision follows two consecutive months of rising inflation.ABC News - 20h -
What the Fed's December rate cut means for mortgage interest rates
Today's Fed rate cut could have an impact on mortgage rates — but there are other factors at play, too.CBS News - 22h -
Fed cuts interest rate for third consecutive time
The Federal Reserve has announced a quarter-point cut to its key interest rate for a third consecutive time in 2024. NBC News' Brian Cheung has details on the decision and what it could indicate ...NBC News - 22h -
Federal Reserve cuts interest rate again
The Federal Reserve announced another interest rate cut, reducing its benchmark rate by .25 percentage points. CBS News business analyst Jill Schlesinger has more on the move.CBS News - 22h -
Holyhead port closure risks ‘shortages’ in Ireland, hauliers warn
Shipments delayed or rerouted after Storm Darragh damaged berths at north Wales terminalFinancial Times - 1d -
UK inflation increase solidifies expectations interest rates will be kept on hold
Inflation in the U.K. has risen to its highest level since MarchABC News - 1d -
UK inflation hits eight-month high of 2.6%, fuelling calls to hold interest rates
Annual increase in November driven by rising cost of petrol and groceries and hike in tobacco duty in budget. UK inflation data leaves Starmer miles off goal of growth ‘felt in people’s ...The Guardian - 1d -
Bank of Japan expected to keep rates on hold this week — CNBC survey
The central bank is expected to keep interest rates on hold this week, awaiting clarity on domestic trends and U.S. policy under Trump, a CNBC survey finds.CNBC - 3d -
EV charging operators warn shifting rule changes put UK investment at risk
Future spending would be jeopardised if growth outlook for battery-run vehicles were undermined, says industryFinancial Times - 4d -
NATO chief warns of 'huge risk' in Ukraine talks without Putin
NATO Secretary-General Mark Rutte expressed concern about the idea of conducting peace negotiations in the nearly three-year-long Russia-Ukraine war without Russian President Vladimir Putin "at the ...The Hill - 6d -
ECB Cuts Interest Rates as the Economy Weakens
The bank has been lowering rates since June as inflation slowed, but other risks are growing, including the threat of higher tariffs promised by President-elect Donald J. Trump.The New York Times - Dec. 12 -
European Central Bank cuts rates for fourth time this year
ECB lowers borrowing cost as inflation falls and economy remains weak. The European Central Bank cut interest rates for the fourth time this year and kept the door open to further easing in 2025 as ...The Guardian - Dec. 12 -
Swiss National Bank takes leap with 50-basis-point interest rate cut amid franc strength
The Swiss National Bank on Thursday cut its key interest rate by 50 basis points, exceeding expectations of a smaller trim.CNBC - Dec. 12 -
U.S. Strategy on Syria Risks ISIS Resurgence, Kurdish General Warns
Gen. Mazlum Kobani, commander of Kurdish forces in Syria, said recent decisions by the U.S. in Syria potentially “leaves a vacuum” that ISIS could take advantage of.The New York Times - Dec. 12 -
Measures to boost housebuilding in England risk being thwarted
Experts say councils may be given too much time to produce local plans that permit increased developmentFinancial Times - Dec. 12 -
Bank of Canada warns Trump’s tariffs will ‘dramatically’ hit growth
Central bank has slashed borrowing costs five times this year in an effort to combat unemployment and boost growthFinancial Times - Dec. 11 -
Will HELOC interest rates continue dropping this December?
HELOC interest rates have been on a decline for much of 2024 but will they continue to drop this month?CBS News - Dec. 10 -
BIS warns politicians to rein in spending or risk market turbulence
Chief economist Claudio Borio says governments will be ‘too late’ if they wait for investors to panicFinancial Times - Dec. 10 -
How fast will the ECB lower interest rates?
Market Questions is the FT’s guide to the week aheadFinancial Times - Dec. 8 -
Hitachi chair warns UK train factory at risk unless HS2 northern leg revived
Toshiaki Higashihara says jobs at Newton Aycliffe site near Durham cannot be guaranteed without increased demandFinancial Times - Dec. 6 -
India's central bank revises down economic growth forecast for 2025, keeps interest rate steady
The Reserve Bank of India has held interest rate steady since February last year, while a sharper-than-anticipated slowdown in India's growth has made RBI's task tougher.CNBC - Dec. 6 -
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Interest rates forecast to be higher for longer due to Budget
Measures in the Budget will boost growth in the short-term, but interest rates will fall more slowly, it says.BBC News - Dec. 4 -
Central banks should tread cautiously with rate cuts, says OECD
Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludesFinancial Times - Dec. 4 -
What drives home equity loan interest rates?
Wonder what impacts home equity borrowing rates? Here are the factors borrowers should be aware of.CBS News - Dec. 3 -
Wall Street’s AI-powered rally risks ‘correction’, Vanguard warns
Asset manager’s chief economist Joe Davis says investors are overplaying the near-term potential of the technologyFinancial Times - Dec. 3 -
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What's the mortgage interest rate forecast for December 2024?
If you're planning to buy or refinance a home this month, here's what mortgage rates could look like.CBS News - Dec. 3 -
World Bank Warns of Record Debt Costs for Developing Countries
The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief.The New York Times - Dec. 3 -
England’s environment watchdog told to review risk from lead mines
Government-ordered report comes after FT investigation into impact of toxic metal on human healthFinancial Times - Dec. 2 -
Will credit card interest rates fall this December?
Credit card rates are sitting at a record high right now, but will they drop lower this month? Here's what to know.CBS News - Dec. 2
