Interest rate cut - but budget means inflation will rise, Bank says
Thursday, 7 November 2024 The Bank of England has forecast Rachel Reeves's first budget as chancellor will increase inflation by up to half a percentage point over the next two years, contributing to a slower decline in interest rates than previously thought.
As we approach the end of 2024 and the start of a new year, now is an excellent opportunity to take charge of your finances. We sat down with Michael Martino, the Head of Wells Fargo's Banking..
India's Finance Minister, Nirmala Sitharaman, emphasized the need for more affordable bank interest rates to stimulate economic growth. Her comments followed a... IndiaTimes
India's retail inflation surged to a 14-month high in October, driven by soaring food prices, exceeding the central bank's target and diminishing hopes of an... IndiaTimes
Economists predict interest rates will stay high due to inflation exceeding the Reserve Bank of India's target. Despite this, government officials are urging... IndiaTimes