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Bank of England policymaker plays down inflation risk in call for rate cuts
A member of the Bank of England’s Monetary Policy Committee has dismissed stronger than expected inflation and growth figures as he renewed his call for lower interest rates in the face of mounting pressures on the UK economy.
Markets are pricing in around two further interest rate cuts this year but the MPC’s hawkish view on the economy has eased ...
Many of the major lenders raised their mortgage rates this week, amid uncertainty over the pace of future interest rate cuts ...
The governor of the Bank of England said on Tuesday that the trajectory of interest rate cuts is still downwards despite global uncertainties, as members of the Monetary Policy Committee were ...
(Reuters) -Bank of England Deputy Governor Sarah Breeden said on Tuesday that she saw a case for cutting interest rates last ...
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MILLIONS of Nationwide customers will see a major change to accounts take effect today. The move will hit loyal savers using ...
Bank of England (BoE) policymaker Swati Dhingra is speaking just ahead of her testimony on the May Monetary Policy Report ...
In contrast, many high street banks have been slow to adjust, maintaining lower returns even during periods of rising rates.
The ombudsman can currently direct businesses to pay 8% interest on top of the compensation for the period their customer was ...
The Financial Ombudsman Service has proposed to change the interest rate applied to compensation awarded to consumers. When a ...
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