India  
 
NewsR.in

Hopes for pre-election interest rate cut suffer further blow

Sky News Monday, 10 June 2024
The prospect of a pre-election interest rate cut by the Bank of England has been damaged by official figures showing no progress in bringing down the pace of wage growth.
0
shares		ShareTweetSavePostSend
 

You Might Like


💡 newsR Knowledge: Other News Mentions

Bank of England Bank of England Central bank of the United Kingdom

Starmer has a battle on his hands - but when it's green v growth, there's only one winner

 Keir Starmer was touring the UK National Nuclear Laboratory in Preston when the Bank of England halved its 2025 growth forecast, cut interest rates for the third..
Sky News
Bank of England cuts interest rates to 4.5% [Video]

Bank of England cuts interest rates to 4.5%

The Bank of England has cut interest rates to 4.5%, down from 4.75%. That means the interest rate is at its lowest level since June 2023, meaning the cost of borrowing has fallen to its lowest point in more than 18 months. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:46Published

Interest rate cut - but economic growth forecast slashed in blow to chancellor

 The Bank of England has cut interest rates by another quarter percentage point, bringing down the cost of borrowing to 4.5%.
Sky News

Related videos from verified sources

Mortgage Rates Continue to Fall, Raising Hopes of the Fed Cutting Rates [Video]

Mortgage Rates Continue to Fall, Raising Hopes of the Fed Cutting Rates

Mortgage Rates Continue , to Fall, Raising Hopes of the , Fed Cutting Rates. ABC reports that borrowing costs for home loans continued to ease this week, with the average rate on a 30-year..

Credit: Wibbitz Top Stories     Duration: 01:31Published
European Central Bank Cuts Interest Rates [Video]

European Central Bank Cuts Interest Rates

European Central Bank , Cuts Interest Rates. The action was confirmed on June 6 at the central bank's meeting, CNBC reports. . The European Central Bank's (ECB) key rate will go from 4% down to..

Credit: Wibbitz Top Stories     Duration: 01:31Published

Related news from verified sources

Bankers, economists expect RBI to cut key interest rate in second half of FY25

 RBI kept benchmark interest rate unchanged at 6.5%, instilling confidence in the market. Expectations of repo rate cut in FY25. Monetary Policy Committee meet...
IndiaTimes

Unchanged Repo Rate likely to support affordability, build confidence in residential market

 The Reserve Bank of India's decision to maintain the repo rate at 6.5 per cent is expected to boost the residential real estate market, ensuring stability in...
IndiaTimes