Saturday, October 5, 2024
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inflation

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Public sector pay deals risk keeping ‘mortgage costs higher for longer’

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Junior doctors were given a 22pc pay rise, while train drivers have...
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The real reason Andrew Bailey should be out of a job

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As the Bank of England maintains its high interest rates, it is...
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Bank of England presses pause on rate cuts, highlights ‘gradual approach’

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Commuters cycles past the Bank of England (BOE), left, in the City of London, UK, on Monday, Sept. 16, 2024. The central bank's Monetary...
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Bank of England votes to keep interest rates at 5% due to ‘stubborn’ inflation

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The Bank of England has voted to keep the base rate at five per cent in a blow to borrowers, particularly those with mortgage...
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US Fed cuts rates by larger than usual half-percentage point

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Policymakers see the Fed’s benchmark rate falling by another half of a percentage point by the end of this yearThe United States Federal Reserve...
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The painful price rise that may cost Britain another interest rate cut

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The Bank of England cut interest rates for the first time in...
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Inflation update: CPI rate UNCHANGED at 2.2% with Bank of England in ‘strong position’ to cut rates

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Inflation for the 12 month to August 2024 remained unchanged from the previous month of 2.2 per cent, according to figures from the Office...
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It’s a big week for central banks around the world, with a slew of rate moves on the table

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Federal Reserve Chair Jerome Powell announces interest rates will remain unchanged during a news conference at the Federal Reserves' William McChesney Martin Building in...
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The Bank will cut rates this week but the battle against inflation is far from over

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Quite apart from the damage in the labour market, a significant economic...
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Interest rate warning as ‘careful’ Bank of England to pause cuts next week

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Economists are warning that the Bank of England is likely to pause cutting interest rate cuts ahead of this week's upcoming Monetary Policy Committee...
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Families face £40bn in tax rises every decade to get national debt under control

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FAMILIES face £40billion in tax rises or spending cuts every decade to get national debt under control, a watchdog warns.The gloomy financial forecast is...
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EUR/USD gains from 1.1000 after ECB delivers 25 bps rate cut, US annual PPI slows

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EUR/USD recovers from 1.1000 after...
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