Sunday, July 7, 2024
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Interest rates

Major UK bank to slash savings rates below 4% next week

A major British bank is set to reduce its savings account rates to below 4% next week. Starting from July 8, Metro Bank will...

US Bond Yields Fall as Jobs Data Fuels Bets on Two 2024 Fed Cuts

(Bloomberg) -- Traders are once again betting that Federal Reserve officials will lower interest rates twice this year as a mixed report on the...

Gold Set for Weekly Gain as US Jobs Data May Give Clue on Easing

(Bloomberg) -- Gold headed for a back-to-back weekly gain on expectations that the Federal Reserve will trim interest rates before year-end, with traders looking...

What to look for in the U.S. government’s June jobs report

A key government report on Friday is expected to show slowing, but steady, job growth in June, with forecasters increasingly confident that the U.S....

What to look for in the U.S. government’s June jobs report

A key government report on Friday is expected to show slowing, but steady, job growth in June, with forecasters increasingly confident that the U.S....

Mortgage price war ‘ramps up’ as Santander and Halifax cut interest rates

The UK’s mortgage price war is heating up as two of the country’s biggest lenders slash interest rates even further.Santander and Halifax are the...

Federal Reserve faces inflection point amid risk to jobs – Marketplace

Remember 2022? The economy was recovering from the COVID-19 pandemic, companies were posting new jobs left and right and job seekers could take their...

Ahead in markets: The focus remains on EU inflation and US jobs data

The week will be focused on key economic data and political events including the euro area’s...

Interest rates could rise as threat of inflation still looms

However, Mr Carstens warned there is still a risk that inflation could...

Big banks slammed for being ‘subsidised by taxpayer’ and failing to raise savings interest rates

Big banks are being slammed for being "subsidised by the taxpayer" and failing to pass on higher interest rates to savings and current accounts...

‘Saver’s dream’ as 5.21% account offers something we haven’t seen in years

Many were bracing themselves for sharp drop in interest rates this year, hitting older people who prefer to keep larger sums in safe haven...

Recovery! Inflation down, growth up and we’re shopping again – bad for Sunak

If the Labour Party wins next month's general election it is likely to inherit a rapidly improving economy as Sunak’s recovery plan finally starts...

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