Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. The writer is president of Queens’ College, Cambridge, and advisor to Allianz and Gramercy “It doesn’t matter when the Federal Reserve starts cutting rates. The most important thing is where they end up.” That’s a … Read more
Monday June 17, 2024 6:00 am Part Facebook Share on Facebook X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp E-mail Share via email Life isn’t much better for renters either, as competition for affordable housing also drives up rents. Renting remains significantly more affordable in Britain than buying a house with … Read more
Sunday June 16, 2024 3:50 PM Part Facebook Share on Facebook X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp E-mail Share via email The Monetary Policy Committee (MPC) left the door open to a rate cut in June at its last meeting in May, but since then a number of data … Read more
The result is that even if nominal interest rates fall below the official 2% target in the coming months, as seems likely, they could pick up again later this year. This is already happening in the eurozone, where headline inflation, core inflation and services inflation all rose in May. Although the ECB has cut interest … Read more
© Mr.siwabud Veerapaisarn By Gavin van Marle 07/06/2024 There were further double-digit increases in spot freight rates for containers this week, after a series of across-the-board rate increases and other surcharges came into effect on June 1, a day or two after last week’s indices were published. Drewry’s World Container Index (WCI) posted week-on-week gains … Read more
Image source, Getty Images Item information Author, Natalie Sherman Role, BBC news 1 hour ago After sharply raising borrowing costs in recent years in an effort to quell rising prices, countries around the world are shifting gears. The European Central Bank (ECB) announced its first interest rate cut in five years on Thursday, lowering key … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. The European Central Bank has cut interest rates for the first time in almost five years, faster than its US and British counterparts, but warns that price pressures remain high. The ECB cut the deposit … Read more
His comments come as European Central Bank officials are expected to confirm a rate cut at their meeting today. It will be their first in over five years. READ MORE: Unite strengthens Scottish rebellion against Labor over oil jobs According to the SNP analysis, the decision to keep the base rate at 5.25% in May … Read more
Martin Lewis has explained whether he thinks it is worth the British waiting until July to focus their energy. Over the past two years, fixed energy rates have not been competitive, but with Ofgem’s energy price cap set to rise this autumn, many people may be wondering if now is the best time to fix … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. The European Central Bank has sent a clear signal that it will cut interest rates from their historic highs next week, with its chief economist dismissing fears that this would happen before the US Federal … Read more