News

Fed Rate Cuts May Be On The Horizon-But Don't Expect Immediate Relief When They Come
Longer-term interest rates do not always decrease when the Fed cuts short-term rates. Following the Fed's cuts last year, 10-year bond yields increased, hitting a high of 4.8% in January, according to ...
Starmer’s economic woes continue as UK firms struggle with rising costs, job cuts
UK private sector growth slowed in July as rising costs, new taxes and global trade tensions hit business confidence. The PMI ...
BoE to Cut Rates in August and November With Steady Economic Growth Anticipated Reuters Poll
An 83% majority of economists, 62 of 75, expect two more 25-basis-point cuts this year – in August and November – maintaining ...
UK firms struggle but price pressures likely to keep Bank of England on alert
By William Schomberg LONDON (Reuters) -British companies are struggling to grow and the job market continues to weaken, but ...
Best UK mortgage deals of the week, 24 July
Lenders have left their mortgage rates unchanged from last week ahead of the Bank of England's interest rate decision, but first-time buyers can still get a deal as low as 3.76%, depending on the size ...
UK Firms Struggle to Grow as BoE Rate Decision Approaches
The S&P Global UK Composite Purchasing Managers' Index (PMI), published on Thursday, slowed to 51.0 points from 52.0 in June, ...
Conditions as loose as 2021 call into question more Fed cuts
Amid all the mounting political pressure on the Federal Reserve to resume cutting interest rates, Chair Jay Powell is already ...