Upset as Bank pegs interest rates
The Bank of England disappointed industry and homeowners yesterday by leaving interest rates unchanged amid tentative evidence that the economic slowdown may have pulled ...
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Rates could go lower
Hopes of lower interest rates were kept alive yesterday after re-instated average earnings figures showed a sharp decline in pay pressures, writes Mark Atkinson.
John...
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Fading rate cut hopes hit euro and lift pound
Dampened hopes of a sixth successive cut in British interest rates helped send the pound surging against a beleaguered euro on the foreign exchanges yesterday.
The two...
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This week: Bank weighs rates in a heated climate
Despite the preponderance of results - 11 FTSE companies will release statements - the macro economy will be the focus of attention this week.
The Bank of England's m...
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Just one more rate cut for the gung-ho MPC
Finger in the air time again. The Monetary Policy Committee meets this week to decide whether to cut interest rates for the sixth time in a row. The City, which was so ov...
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Fed chief hints rates may have to rise
The chairman of the Federal Reserve, Alan Greenspan, yesterday hinted that the US central bank could reverse the cuts to American interest rates which stabilised the worl...
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ECB leaves euro rates alone despite problems
The European Central Bank last night risked arousing fresh wrath in Germany when it ignored the mounting problems in Euroland's biggest economy and left interest rates in...
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Jobs gloom may be rates boon
Prospects of further cuts to interest rates rose yesterday after news of climbing unemployment and hints from the Bank of England that it may sanction cheaper borrowing. ...
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Home loans at Euro rate
Nationwide Building Society could start a revolution in mortgages by launching the first sterling home loan linked to European interest rates. The mortgage will be priced...
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Take your pick of plum rates
Halifax has this week re-jigged the rates on its fixed-rate savings accounts. Its Guaranteed Reserve now returns 5.75 per cent before tax, 4.6 per cent net, fixed for six...
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