The prospects for an interest rate cut next month have not been helped by the latest wage growth figures which have come in ...
The prospect of an interest rate cut next month by the Bank of England has been dented by stronger than expected wage growth figures. Annual pay growth excluding bonuses was 6 per cent in the ...
If coming monthly core PCE price indexes show year-on-year inflation in the low 2% range, most Fed officials will support a ...
The Federal Reserve meets this week for the first time since recent high inflation readings dampened hopes that the central bank would lower interest rates three times this year. The prospect of ...
Hopes for a steep drop in borrowing costs for consumers and businesses have been dashed. But some experts predict modest reductions in coming months. By Talmon Joseph Smith How soon is soon?
A quarter point reduction in Britain’s benchmark lending rate to 5% “is neither ruled out nor a fait accompli,” Governor Andrew Bailey told reporters after making no change on Thursday. He ...
17 April: Lower-Than-Expected Fall Cools Rate Cut Hopes Annual inflation dipped to 3.2% in the year to March 2024, its lowest level in more than two years, down from 3.4% recorded a month earlier ...
Wages in the UK have grown faster than expected, official figures show, complicating the prospects of an interest rate cut by the Bank of England (BoE) in June. Annual pay growth excluding bonuses ...
The Monetary Policy Council, led by central bank Governor Adam Glapinski, has kept the benchmark rate unchanged at 5.75% since October, while seeking to push back the market’s expectations for when ...
The prospects for an interest rate cut next month have not been helped by the latest wage growth figures which have come in higher than expected. Data from the Office for National Statistics (ONS) ...