World faces permanently higher interest rates, warns Bank of England official
Consumers face the prospect of permanently higher interest rates amid geopolitical tensions and “slower globalisation”, a Bank of England official has warned.
World faces permanently higher interest rates, warns Bank of England official
Consumers face the prospect of permanently higher interest rates amid geopolitical tensions and “slower globalisation”, a Bank of England official has warned.
Stock Market Today: Stocks nudge higher as Treasury yields, dollar ease
Wall Street is looking to snap a three-day losing streak Wednesday as Treasury bond yields ease from recent multimonth highs.
Multiple interest rate cuts less likely this year after inflation blow
Inflation blow puts Bank of England's interest rates cut trajectory in doubt.
Asian Stocks Retreat, European Markets Bounce Back
Stock markets in Asia retreated on Wednesday, following U.S. shares Tuesday after the Federal Reserve indicated interest rates may stay higher for longer. Japan’s Nikkei declined 1.3%, while the Hang Seng in Hong Kong was flat on the day.
FTSE 100 LIVE: European stocks push higher as UK inflation falls less than expected
UK inflation came in higher than the 3.1% economists expected.
Insurers impose ‘tax on being poor’ through monthly price hike, says Which?
Which? asked 39 car insurers and 34 home insurers what annual percentage rates were being applied to monthly payments.