Rate Cut Remains Iffy
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Bank of England holds rates, stresses June cut depends on coming data
The Bank of England held interest rates as expected and said restrictive monetary policy was taming inflation, but warned a June rate cut was not a done deal.CNBC - Business -
FTSE 100 hits fresh record as Bank of England signals summer rate cut
The prospect of lower borrowing costs helped push U.K. stocks to a fresh record high on Thursday.MarketWatch - Business -
Bread loaves recalled in Japan after 'rat remains' were found
Loaves of bread have been taken off store shelves in Japan after the remains of “a small animal” believed to be a rat were foundABC News - Top stories - Japan -
Warner Bros. Discovery Remains 'Hopeful' It Can Keep NBA Rights
The cable-network owner’s chief executive said the company has the ability to match third-party offers for NBA packages.The Wall Street Journal - World - NBA -
Whooping cough resurgence leads to death of five babies as vaccination rates fall
Latest data from UK Health Security Agency shows jump in cases in first three months of the yearFinancial Times - World -
Bank holds rate but says it's 'optimistic' things moving in right direction
The governor of the Bank says it needs to "see more evidence" of falling inflation before cutting the base rate.BBC News - Top stories -
Assumable Mortgages Are Making a Comeback Amid a High-Rate Market
Assumable mortgages — or low-rate mortgages that home buyers can take over from home sellers — are making a comeback. The process can be challenging.The New York Times - Business -
Bank 'optimistic' as it edges closer to summer cut
Its comments came as UK interest rates were left unchanged at a 16-year high of 5.25%.BBC News - Top stories -
Mortgage rates inch down but stay over 7%, with home-buying sentiment at a record low
The 30-year mortgage rate is averaging 7.09% Freddie Mac said in its latest weekly survey on Thursday.MarketWatch - Business - Mortgage