The Bank of England has cut interest rates to 5% at its August Monetary Policy Committee meeting, the first reduction of the UK’s base rate in four years. Responding to the cut, Chancellor of the Exchequer Rachel Reeves said: “Homeowners will welcome this cut in interest rates, but I know that...
New US Home Construction , Sinks to Slowest Pace in 4 Years.
Government data released on June 20 indicates that new home construction in America dropped in May to the slowest pace since June 2020,..
Credit: Wibbitz Top Stories Duration: 01:30Published
Biden meets with Pope Francis at G7, has bizarre moment everyone is talking about. Biden’s condition shocks allies at G7 summit, with one saying it’s ‘worst he has ever been’. Biden appears..
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
The Bank of England's Monetary Policy Committee voted 5-4 in favour of a quarter-point reduction in the base rate - the first time it has been cut in more than... Bristol Post Also reported by •Bangkok Post •SeattlePI.com •The Cointelegraph •Tamworth Herald
Thursday, 1 August 2024 ()
Rates had been climbing for a long time, but are now falling
![New US Home Construction Sinks to Slowest Pace in 4 Years [Video]](https://video.newsserve.net/300/v/20240620/1379144182-New-US-Home-Construction-Sinks-to-Slowest-Pace.jpg)
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![European Central Bank Cuts Interest Rates [Video]](https://video.newsserve.net/300/v/20240606/1377665674-European-Central-Bank-Cuts-Interest-Rates.jpg)
