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Interest rates

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The Bank of England could soon kill off Labour’s spending plans

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While there’s little doubt that higher rates are dampening the UK’s economy’s...
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Fed close to pulling off the elusive economic soft landing in 2024 after great September jobs report

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A hiring sign is posted on the exterior of Urban Outfitters at the Tysons Corner Center mall on August 22, 2024 in Tysons, Virginia. Anna...
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Today’s pound, gold and oil prices in focus: commodity and currency check

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Sterling has lost momentum against the dollar after a week of gains as the US currency rose following confirmation that the US economic activity...
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Nationwide slashes mortgage interest rates to secure ‘market-leading position’ – full list of changes

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Nationwide Building Society has announced significant cuts to its fixed-rate mortgage range, effective from tomorrow, September 24. The reductions, of up to 0.31 percentage...
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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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Best savings accounts that offer above-inflation rates

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UK households are always looking for ways to make their money go further amid the cost of living crisis and savings accounts can help.After...
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Enjoy the torrid Fed rally, but the world is not out of the woods yet

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Mike Wilson, Morgan Stanley’s equity chief, says part of the stock market...
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The Fed just made a jumbo rate cut. Here are 5 takeaways on what it means for mortgages and more.

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In making its first interest rate cut in more than four years, the Federal Reserve went big — a decision that took some economists...
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Rate cut reactions, Bank of England, Biden speech: 3 Things

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Stock futures (ES=F, NQ=F, YM=F) ride higher Thursday morning after the Federal Reserve opted to cut interest rates by 50 basis points at the...
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What the Bank of England’s interest rate decision means for your mortgage

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The Bank of England's decision to hold interest rates at 5% was anticipated by many, yet it remains a blow to mortgage holders dealing...
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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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Major lenders slash mortgages as Bank of England holds rate

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The pound has risen 0.6pc against the dollar after hitting two-year highs...
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