Latest in Rise Says Bank
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Millions to see mortgage costs rise, says Bank
About 4.4 million UK households could see their repayments increase by 2027.Top stories - BBC News - 5 hours ago -
Food bank demand rises nationwide as holiday season begins
Food banks across the country are seeing rising demand, with some hitting record levels. About 65 percent of food banks reported an increase in the number of people served in October 2024 compared ...Top stories - NBC News - 19 hours ago -
European Central Banks warns of trade tension risks to euro zone financial stability
The Financial Stability Review also said weak growth was now a bigger threat to the 20-nation euro zone than high inflation.Business - CNBC - November 20 -
Destructive Israeli Raid in West Bank Kills 5, Palestinians Say
The Israeli military said its soldiers had engaged in close combat in the Nur Shams area of the occupied territory.World - The New York Times - November 1 -
Israel Strikes Syria for Second Day, Targeting Hezbollah Weapons Facilities
The military said the attacks were meant to reduce the transfer of weapons and intelligence from Iran through Syria to Hezbollah, the armed group in Lebanon.World - The New York Times - November 5 -
Interest rates cut but Bank hints fewer falls to come
Interest rates were cut to 4.75% but the Bank expects inflation to creep higher after last week's Budget.Top stories - BBC News - November 7 -
US central bank boss says Trump can't fire him
The US central bank cuts interest rates, as its chairman vows to stay on the job.Top stories - BBC News - November 7 -
Climate breakdown will hit global growth by a third, say central banks
New modelling finds risk to global economies much worse than previously thought, but group of central banks says even this may be an underestimate. The physical shocks caused by climate breakdown ...World - The Guardian - November 8 -
Rallying bank stocks have further room to run, analyst says
Hovde’s Feddie Strickland sees additional gains despite rally ‘if history serves as a guide.Business - MarketWatch - November 11 -
Banks are reporting a tenfold surge in digital scams, cybersecurity firm BioCatch says
Banks are under pressure to kick criminals off their platforms and compensate more victims as regulators and lawmakers focus on the harm done by digital scams.Business - CNBC - November 13 -
Bank Holiday airport chaos made worse by password issue, report says
An air traffic control engineer was unable to fix a major fault from home, a report says.Top stories - BBC News - November 14 -
UK must rebuild post-Brexit relations with EU, says Bank of England boss
Governor Andrew Bailey delivers his strongest comments yet on the UK's departure from the EU.Top stories - BBC News - November 15 -
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Bangladesh tycoon says Singapore citizenship is a shield against central bank ‘intimidation’
Mohammed Saiful Alam considers international arbitration over accusations he siphoned money out of banking sectorWorld - Financial Times - November 19 -
ECB must commit to faster rate cuts, says Bank of Italy governor
Fabio Panetta sees risk of inflation falling ‘well below’ central bank’s 2% target amid stagnant demandBusiness - Financial Times - November 19 -
The Trump effect is 30% priced in, says Deutsche Bank analyst — here’s why
One of the big questions confronting markets is just how much of the impact of a Donald Trump presidency has been priced even before it starts.Business - MarketWatch - November 22 -
India’s central bank governor says economy ‘well placed’ to handle shocks
RBI chief Shaktikanta Das believes economic fragmentation, protectionism and tariffs are among the biggest threatsWorld - Financial Times - 4 days ago -
Trump tariff on China could lower global inflation, says UK economist
Bank of England’s Swati Dhingra says threatened 60% tariff could lead exporters to cut prices elsewhere. Donald Trump imposing massive US tariffs on Chinese imports could drag down global inflation ...World - The Guardian - 4 days ago -
Asia needs to spend much more to adapt to climate change and limit its damage, bank study says
A study by the Asian Development Bank shows that countries in Asia will suffer worse damage from the climate crisis than other regions and they are not spending enough to limit the damage and adapt ...World - ABC News - October 30 -
Middle East latest: Officials in West Bank say Israeli raid has killed 3
Palestinian officials said that an Israeli military raid in the occupied West Bank killed at least three peopleWorld - ABC News - October 31 -
Banks’ use of AI could be included in stress tests, says BoE deputy governor
Sarah Breeden says technology’s ‘power and use . . . is growing fast’Business - Financial Times - October 31 -
All assets posted negative returns in October apart from gold, silver and oil, Deutsche Bank says
Markets have just gone through one of the toughest months they’ve experienced in 2024 so far, according to a new analysis by Deutsche Bank.Business - MarketWatch - November 1 -
Israeli or Palestinian, U.S. Voters in the West Bank Say Biden Let Them Down
Tens of thousands of U.S. citizens live in the Israeli-occupied territory, on opposing sides of an entrenched conflict, where neither Palestinians nor Israelis have much enthusiasm for Kamala Harris.World - The New York Times - November 5 -
Israeli minister says ‘certain progress’ on Lebanon ceasefire talks but Hezbollah says it has not been involved – Middle East crisis live
New foreign minister says diplomatic efforts are taking place through US mediation but Hezbollah says it has not seen any proposal. Lebanon ’s National News Agency reports Israeli planes carried ...World - The Guardian - November 11 -
Israeli minister draws criticism for saying Trump's win is an opportunity to annex parts of West Bank
Israel’s finance minister has been criticized for suggesting that Donald Trump’s election could help Israel to annex parts of the occupied West Bank.Top stories - NBC News - November 12 -
MUFG chief says Japanese lender on track to become one of world’s biggest banks
Hironori Kamezawa says Japan’s normalisation of monetary policy expected to benefit lendersWorld - Financial Times - November 14 -
EastEnders star says she had to use food bank after leaving show
Cheryl Fergison says she felt ashamed when she "didn’t have any money to do a weekly shop".Top stories - BBC News - November 17 -
Nearly half of Americans say they live paycheck to paycheck—only 30% actually do, new Bank of America data finds
Bank of America data shows the number of households actually living paycheck to paycheck may be smaller than the number of those who feel strapped for cash.Business - CNBC - November 19 -
Student loan servicers are pulling incorrect payments from borrowers' bank accounts, consumer protection bureau says
Lenders often encourage federal student loan borrowers to sign up for automatic payments. But a new report shows the decision can backfire.Business - CNBC - November 19 -
Two powerful banking regulators say they won’t step down just because Trump won
Two of the U.S. government’s most powerful banking regulators have said that they have no plans to step down, in response to pointed questions about their futures under a Trump administration from ...Business - MarketWatch - November 20 -
Reeves’s £40bn tax rises will boost growth ‘sustainably’, says IMF
Rare intervention comes as Resolution Foundation says UK will remain ‘stagnation nation’ despite push to invest. ‘It has a political vision’: five viewpoints on budget Budget 2024: what it ...World - The Guardian - October 31 -
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Treasury should have told us about overspend by law, says OBR
Richard Hughes, chair of the Office for Budget Responsibility, says officials have questions to answer as to why details of an overspend were not shared.Top stories - BBC News - November 5