Latest in Bank of England warns of 'heightened uncertainty' as it keeps interest rates on hold
Sort by
873 items
-
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 - 3h -
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 - 4h -
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 - 7h -
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 - 8h -
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 - 9h -
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 - 10h -
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 - 15h -
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 - 20h -
Fed cuts interest rates, delivering relief for borrowers
The rate decision follows two consecutive months of rising inflation.ABC News - 1d -
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 - 1d -
Fed cuts interest rate for third time this year as economic uncertainty looms
The Federal Reserve announced a quarter-point cut to its key interest rate Wednesday, an effort to keep stable what appears to be a steady but cooling economy.NBC News - 1d -
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 - 1d -
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 - 1d -
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 -
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 -
Porsche holding company warns of writedown in Volkswagen stake of up to €20bn
Management and unions at carmaker will hold a fifth round of talks on Monday over planned factory closures and job cutsFinancial Times - 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 -
NHS warns of flu ‘tidal wave’ hitting hospitals in England
Number of patients being admitted with illness jumps 70% over the past weekFinancial Times - Dec. 12 -
Uncertainty over future of Syrian camp holding women, children linked to ISIS
The al-Hol camp in northeast Syria holds about 6,000 women and children, the family members of Islamic State fighters who were either captured or killed. The camp is guarded by American-backed ...CBS News - Dec. 11 -
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 -
NHS in England ‘confused’ about Starmer’s priorities, health bosses warn
Focus on 18-week waiting list target risks diverting attention away from other critical areas, service leaders sayFinancial Times - Dec. 10 -
Papers report on 'delight' in Syria but warn of uncertainty ahead
Most of Monday's papers lead on the rebels toppling the Assad regime, as Syrians celebrate its fall.BBC News - Dec. 9 -
How fast will the ECB lower interest rates?
Market Questions is the FT’s guide to the week aheadFinancial Times - Dec. 8 -
Why Powell and the Fed should pause interest-rate cuts in December
Some say November’s jobs data support holding monetary policy steady.MarketWatch - Dec. 7 -
Jobs report shows hiring surge as Fed weighs interest rate cut
The fresh data marks the first jobs report since the election of Trump.ABC News - 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 -
4 mortgage interest rate scenarios that could occur in 2025
Many experts predict a gradual decline in mortgage rates next year, but other scenarios could play out.CBS News - Dec. 5 -
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 -
England’s chief prosecutor warns lawyers’ pay may be adding to court delays
Head of Crown Prosecution Service Stephen Parkinson calls for reviewFinancial Times - Dec. 3 -
What's the home equity loan interest rate forecast for December 2024?
Will December be a good time to borrow from your home equity? Here's where rates could head this month.CBS News - Dec. 3 -
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 -
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