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 ...
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?
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 ...
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 ...
While rate cut optimism was high at the start of 2024, it's significantly dampened since, thanks to a series of reports showing inflation still sticky. This has put the prospect of rate cuts on ...
Find your bookmarks in your Independent Premium section, under my profile After three straight hotter-than-expected inflation reports, Federal Reserve officials have turned more cautious about the ...
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) ...