Big US interest rate cut in the balance, with UK set to hold
Monday, 16 September 2024 Financial market participants are increasingly of the opinion the US central bank will impose a bigger than expected interest rate cut this week, with the Bank of England holding off on a fresh reduction.
Former Bank of England policymaker Michael Saunders welcomed March’s lower inflation but warned it may be short-lived. He said rising energy bills, tax hikes, and fallout from US trade tensions could push UK inflation above 3% next month, while also slowing growth, investment and potentially increasing unemployment later this year. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The company which prints banknotes for the Bank of England is on the brink of an historic takeover that would see it owned by private equity investors for the.. Sky News
The Bank of England has kept interest rates on hold at 4.5%, warning that US President Donald Trump's trade war has intensified global economic uncertainty. The Bank says there are indications an increasing number of companies plan to let workers go when national insurance contributions rise next month, which Governor Andrew Bailey says is a cause for concern. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Bank of England expected to pause rate cuts despite contracting output
Policymakers find themselves in a tight spot ahead of Thursday’s rate decision, with growth remaining sluggish and inflation stubborn.
READ MORE : http://www.euronews.com/2025/03/18/bank-of-england-expected-to-pause-rate-cuts-despite-contracting-output
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Credit: euronews (in English) Duration: 04:34Published
President Biden commented on the Federal Reserve’s recent interest rate cut during remarks at the Economic Club of Washington Thursday. Veuer’s Matt Hoffman has the story.
Monday, 16 September 2024
Financial market participants are increasingly of the opinion the US central bank will impose a bigger than expected interest rate cut this week, with the Bank of England holding off on a fresh reduction.
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