Rate cuts rescue high-yield bonds
It is not just stock markets that have taken heart from the interest rate cuts. In Britain and the US, high yield corporate bonds - loans by companies - have also soared ...
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Shortened odds for rate cut
The odds on a cut in interest rates next month shortened yesterday after the Bank of England revealed that only after a knife-edge vote did its key decision-making body l...
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Interest rates kept on hold at 6%
The Bank of England today kept interest rates on hold at 6% for the 11th consecutive month, despite strong pressure from industry and unions for a cut.
City analysts ha...
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CBI renews call for rate cut
The Confederation of British Industry is today urging the Bank of England to follow the US Federal Reserve and cut interest rates as a defence against a slowdown in the g...
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Strong sales and output stall rate cut
Economic data out this week will fuel optimism that the UK is avoiding the fallout from the US slowdown. This will lessen pressure on the Bank of England to follow the US...
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Fear of measles epidemic as jab rate drops
Children returning to school after the Christmas holidays could fall victim to an outbreak of measles for the first time in a decade, because of low uptakes of the MMR ja...
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London shares soar after US rates cut
London shares rocketed in early trading today, in response to the US's surprise decision last night to slash interest rates.
In the first few minutes of dealing, the FT...
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US rate cut may spark UK move
The United States last night acted to boost a flagging American economy and head off the threat of a global recession by slashing interest rates for the first time in two...
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ECB stays quiet over interest rate changes
Wim Duisenberg, president of the European Central Bank, kept financial markets guessing about the future of euroland interest rates.
Mr Duisenberg said some inflationar...
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Fair exchange rate is no panacea
Suddenly it is all going right. After two years on the skids Europe's single currency is rallying. All that talk from finance ministers and central bankers about the euro...
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