Bank of England Maintains Interest Rate at 4.75% Amid Growing Economic Concerns
The Bank of England has opted to maintain its benchmark interest rate at 4.75 per cent, despite downgrading growth…
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inflation
Global Financial Markets Reel as Central Banks Signal Slower Rate Cuts for 2025
Leading central banks have delivered a stark warning to markets, indicating that inflation's persistence will lead…
UK Inflation Climbs to 26 Percent as Bank of England Weighs Rate Decision
British inflation rose to 2.6 per cent in November, reinforcing expectations that the Bank of England will maintain…
US Markets Soar as Fed Rate Cut Looms Despite Inflation Uptick
The technology-heavy Nasdaq achieved a historic milestone on Wednesday, breaking through the 20,000-level barrier…
Bank of England Governor Signals Four Interest Rate Cuts for 2025 as UK Inflation…
The Bank of England's Governor, Andrew Bailey, has indicated that four interest rate cuts are likely in 2025,…
Retail Industry Faces Price Hikes as Budget Measures Bite
British retailers are bracing for inevitable price increases following the Chancellor's recent budget announcement,…
UK Cost of Living Crisis Set to Intensify Despite Economic Promises
British households are bracing for renewed financial pressures as economists forecast inflation could reach 3% by…
Bank of England Governor Warns Tax Rises May Delay Interest Rate Cuts
The Bank of England's governor has cautioned that recently implemented business tax increases could potentially…
UK Grocery Sales Hit Highest Level Since Covid Lockdown As Christmas Shopping…
British supermarket sales surged to £11.6 billion last month, reaching their highest level since the…
Global Consumer Price Anger Creates Political Storm Across Advanced Nations
Political leaders across developed economies are grappling with persistent public discontent over high prices,…
Fed Set To Cut Interest Rates By Quarter Point Despite US Election Uncertainty
The Federal Reserve appears ready to implement a quarter-point reduction in its benchmark policy rate next week,…
Admiral Boss Denies Profiteering Allegations as Revenues Soar
The chief executive of Admiral, Milena Mondini de Focatiis, has dismissed accusations of profiteering after the…
Norways Central Bank Grapples with Krones Mysterious Decline
The Norwegian krone has been the subject of much concern lately, as its dramatic decline against major currencies…
Bank of England Cautioned Against Premature Interest Rate Cuts
The Bank of England should exercise caution when considering lowering interest rates too quickly, according to…
UK Inflation Rises to 2.2% in July, Surpassing Bank of England’s Target
Inflation in the UK rose for the first time this year in July, climbing to 2.2% and surpassing the Bank of…
UK Wage Growth Slows to Two-Year Low as Unemployment Rate Declines
The UK's labour market has shown mixed signals, with wage growth hitting its lowest rate in nearly two years, while…