Bank of England Expected to Hold Rates Despite Jobs Market Weakness
Bank of England Expected to Hold Rates Despite Jobs Market Weakness
Bank of England Cuts Interest Rate to 4% in Narrow Vote Amid Economic Struggles
With the UK economy faltering, inflation still simmering, and global trade tensions escalating, it’s a challenging moment to be a central banker.
UK Construction Slump Strengthens Case for Interest Rate Cut
Rolls-Royce shares have jumped 10.5% in early trading, propelling the company’s valuation above £90 billion for the first time. Closing at around £83 billion last night, today’s sharp rise pushes
Economists expect the Federal Reserve to delay any interest rate cuts until September amid concerns over a potential stagflation scenario in the US.
Rolls-Royce Resumes Dividend Payments After Strong 2024 Performance
Following policymakers’ recent decision to reduce borrowing costs, several major City banks predict that the Bank of England will slash interest rates again in May.
Drivers can expect relief at the pump in the coming year as economists forecast that Donald Trump’s initiatives to boost US oil production will drive down prices.
Oil prices are headed for their sharpest daily decline in a year as the world faces a looming supply glut and reports suggest Israel will avoid targeting Iran’s crude facilities.
Oil is on track for its most significant weekly decline in nearly a year, driven by concerns over weak demand and ample supply, despite Opec+ postponing a scheduled production increase
Oil prices continued to decline on Wednesday, with forecasts suggesting an average of around $60 per barrel next year, and possibly even dipping to around $50, according to Citi.