Trichet lays ground for eurozone rate cut
Jean-Claude Trichet, president of the European Central Bank, hinted strongly yesterday that eurozone interest rates could be cut if the economy fails to pick up as expect...
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Bank avoiding interest rate shocks
The Bank of England does not want to jolt consumers with surprise increases in interest rates, Bank officials said today.
Members of the Bank's monetary policy committee...
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Bank of England deputy governor hints at rate rise to curb spending
Burgeoning household debt poses a "credible" threat to the economy, which could require further rate rises from the Bank of England, a senior Threadneedle Street policyma...
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Tucker hints at April rate rise
Clear signs that the Bank of England is gearing up for an increase in interest rates emerged yesterday when a member of its monetary policy committee said stronger than e...
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Bank of England hints at interest rate increase
A senior Bank of England official today sent a clear signal that the Bank will again raise interest rates to head off inflationary pressures.
In a speech to fund manager...
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City bonuses add to pressure for rate rise
Fat bonus cheques for City workers last Christmas have pushed growth in average earnings to the highest levels since the terrorist attacks of September 11, increasing the...
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Customer confusion over credit card rates
More than three quarters of credit card holders do not know what rate of interest they are paying, according to a report from the Office of Fair Trading published today.
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Inflation rate remains stable
Inflation remained under wraps in February as the consumer prices index (CPI) rose by only 1.3% on a year earlier, down from 1.4% in January, official figures showed toda...
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City sceptical of rates freeze
The City was bracing itself last night for a fresh rise in interest rates as early as next month after viewing the Bank of England's decision yesterday to peg borrowing c...
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Bank of England holds interest rates
The Bank of England today stuck to its gradualist approach on monetary policy by leaving interest rates at 4% after twice raising borrowing costs since November.
The dec...
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