ECB set to anger eurozone with rise in rates
Jean-Claude Trichet, the president of the European Central Bank, is preparing to risk the wrath of eurozone governments this week by raising interest rates in the 12-coun...
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MPC likely to freeze interest rates for winter
Interest rates look likely to remain at 4.5% for the foreseeable future while inflation remains above its 2% target, the Bank of England signalled yesterday. Minutes of t...
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MPC 'on hold' over interest rates
All nine members of the Bank of England's monetary policy committee agreed to keep interest rates at 4.5% this month amid more uncertainty than usual about inflation, min...
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Euro falls amid rate rise doubts
Jean-Claude Trichet, the president of the European Central Bank, gave the euro a fresh downward shove on the foreign exchanges yesterday when he surprised the financial m...
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John Francome rates Paddy Brennan
I went down to Philip Hobbs's before Cheltenham last year and I did some schooling with Paddy. I've watched him ride over the last two or three seasons and have been impr...
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Inflation report opens way for rate cut
The Bank of England is on course to meet its two-year inflation target of 2%, it said today, leaving the door ajar for a rate cut early next year.
In its quarterly infla...
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Interest rates stay unchanged for third month
The Bank of England today left interest rates unchanged at 4.5% for the third consecutive month amid expectations that inflation will remain above target for a while.
Th...
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Retailers demand festive interest rate cut
Struggling retailers are demanding a confidence-boosting cut in interest rates this week to kickstart the festive season on the high street.
'Christmas is going to be ch...
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Strong rebound in service sector puts paid to rate cut
The prospect of another interest rate cut this year faded yesterday after an influential survey of the services sector showed a strong rebound last month. The sector incl...
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Fed raises rates for 12th time - and warns of more pain to come
Rising inflation prompted the 12th successive increase in US interest rates last night, with a warning from the Federal Reserve that further rises in borrowing costs for ...
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