UK Borrowing Costs Hit 27-Year High Amid Reeves Scrutiny
Chancellor Rachel Reeves faces intense scrutiny after UK government borrowing costs surge to levels not seen since 1997, raising fears about Labour's spending plans and economic stability.
Category : Search result: US interest rates
Trump's Finance Guru Tipped for Shock Fed Chair Role
Exclusive: Scott Bessent, a key Trump ally and hedge fund billionaire, emerges as the frontrunner to replace Jerome Powell as Federal Reserve Chair, signalling a potential dramatic shift in US monetary policy.
UK Economy Shows Zero Growth in April, Raising Recession Fears
The UK economy showed zero growth in April, dashing hopes of a sustained recovery and piling pressure on the government and Bank of England ahead of crucial summer decisions.
Powell warns of economic risks from Ukraine war and inflation
Federal Reserve Chair Jerome Powell highlights economic uncertainties from Ukraine conflict and rising inflation, as global markets react nervously.
Watchdog clears Shapps for defence startup role
Ethics watchdog faces backlash for approving former defence secretary Grant Shapps' controversial transition to a private defence startup, raising concerns over conflicts of interest.
Lloyds Bank offers 6.25% savings rate
Lloyds Bank has introduced a new savings account offering an impressive 6.25% interest rate. Find out if this limited-time deal is the right move for your money.
UK inflation drops to 3.4%, lowest in over two years
UK inflation falls to 3.4%, its lowest in over two years, easing pressure on the Bank of England. Experts weigh in on what this means for interest rates and household budgets.
US inflation cools in May, impacting interest rate decisions
US inflation showed signs of easing in May, offering relief to consumers and potentially influencing the Federal Reserve's next move on interest rates.
Fed holds rates amid economic uncertainty
The Federal Reserve maintains interest rates amid mixed economic signals, while Aviva and Goldman Sachs adjust strategies in response to shifting market conditions.
Treasury official fails to divest assets, ethics probe looms
A senior US Treasury official, Scott Bessent, has failed to divest from certain financial assets, sparking ethical and legal scrutiny over potential conflicts of interest.
UK mortgage rates rise as lenders adjust quotes
UK homeowners and buyers are seeing mortgage rates rise as lenders reassess their offers amid economic uncertainty. Find out how this could impact your finances.
Persimmon profits drop amid Bank of England rate hikes
Housebuilder Persimmon reports a sharp drop in profits amid rising mortgage costs and economic uncertainty, as the Bank of England tightens monetary policy.
Trump slams Federal Reserve over market turmoil
Former US President Donald Trump has launched a scathing attack on the Federal Reserve, blaming its policies for recent market instability. His comments come amid growing economic uncertainty.
Australian house prices to soar as rate hikes pause
The Reserve Bank of Australia hints at pausing interest rate rises, sparking predictions of a property market rebound. Experts weigh in on what this means for homeowners and buyers.
CBA posts record $10.2bn cash profit
Australia's largest lender, Commonwealth Bank, posts a historic $10.2bn cash profit amid rising interest rates, sparking debate over banking sector accountability.
CBA warns rate cuts won’t ease financial pain
CBA reveals why anticipated interest rate cuts may not bring the relief struggling families hope for, as living costs continue to soar.
RBA cuts interest rates amid easing inflation
The Reserve Bank of Australia (RBA) has announced a cut in interest rates as inflation shows signs of easing. Governor Michele Bullock outlines the economic outlook.
Australian banks slash rates after RBA decision
Westpac, ANZ, NAB, and CBA have announced significant rate cuts after the Reserve Bank of Australia's latest move. Discover how this impacts mortgages and savings.
Lords earn £4m from second jobs amid reform calls
New report reveals shocking earnings of Lords from external roles, raising fresh concerns over conflicts of interest in UK policymaking.
Australia's interest rate fixation may hurt economy
Australia's relentless focus on interest rates may be overshadowing critical economic reforms needed to boost productivity and long-term growth.
RBA cuts rates to 3.6%: Relief for borrowers
The Reserve Bank of Australia has lowered the cash rate to 3.6%, offering much-needed relief for mortgage holders amid economic uncertainty.
Albanese supports Palestine as RBA holds rates
Prime Minister Anthony Albanese supports Palestinian statehood as the Israel-Gaza war continues. Meanwhile, the RBA keeps interest rates unchanged amid economic uncertainty.
Bank of England holds rates as UK economy recovers
The Bank of England keeps interest rates steady amid cautious optimism over GDP growth, while Barclays faces scrutiny over financial practices.
Mortgage warning: Aussie homeowners risk losing thousands
Millions of Australian homeowners are being warned about a critical mortgage mistake that could lead to significant financial losses ahead of a major interest rate decision.
RBA to cut rates in August: experts
Experts predict the Reserve Bank of Australia will cut interest rates this August, offering relief to borrowers amid economic uncertainty.
Student loan debt crisis sparks reform calls
Growing concerns over soaring student loan interest rates spark demands for government action to ease financial burdens on graduates.
Rachel Reeves' tax and spending dilemma
New Chancellor Rachel Reeves is under pressure to address the UK's economic challenges, with tough decisions on taxes and public spending looming.
BoE holds rates at 5.25% amid inflation fight
The Bank of England's Monetary Policy Committee has voted to keep interest rates unchanged at 5.25%, as inflation remains stubbornly high. Governor Andrew Bailey signals caution despite economic pressures.
Bank of England holds rates at 5.25%
The Bank of England has kept interest rates unchanged at 5.25% for the sixth consecutive time, as policymakers weigh persistent inflation against economic growth risks.
UK Retailers Demand Rate Cuts as Inflation Falls
The British Retail Consortium urges the Bank of England to cut interest rates amid falling shop price inflation, warning of continued pressure on consumers and businesses.
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