This week’s batch of figures will be the last before the Bank’s next interest rate decision, due on 1 August. Although the Bank left rates on hold in June, minutes from the meeting showed that the decision was “finely balanced” suggesting a cut in August is very much on the table...
How fast that descent should be will be at the heart of discussions today when the Monetary Policy Committee meets to make a decision that will be announced tomorrow lunchtime. The markets put the prospects of a rate cut at just 26%, with a greater chance of another cut coming at ...
Inflation continued to cool in July, falling to its lowest level in three years and positioning the Federal Reserve to cut interest rates next month. The fresh report gives the Fed "the green light to cut interest rates by 25 basis points at its September meeting," said Ryan Sweet, chief ...
It's been two weeks since the Federal Reserve decided to cut its key interest rate for the first time since 2020 during the Covid-19 pandemic. The decision brought the Fed's Federal Funds Rate down to 4.75% to 5% from 5.25% to 5.5%, a level that was in place...
Read the full-text online article and more details about "Interest Rates Held - but a Rise Is Likely Next Month; Bank of England Decision a 'Close Call'" - Daily Post (Liverpool, England), April 6, 2007Daily Post (Liverpool, England)...
Nonetheless, we expect macroeconomic normalization in 2025 will lead to a reset in CPG ad spending decision-making.As inflation eases, interest rates decline, fears of a recession ebb, and consumer spending choices get closer to 2019 norms, CPG companies will feel less compelled to grow their ma...
Even though the Fed's next rate decision is still weeks away, mortgage rates are already declining because home loans are partially influenced by economic factors, such as the strength of the job market. Recent weak economic data, including anunderwhelming July jobs report, have raised concerns ...
Kamala Harris to succeed him as the Democratic candidate for the 2024 U.S. presidential race. Biden shared his decision in a written statement, expressing that it was the "greatest honor" to serve as President but that stepping aside was "in the best interest of my party and the country....
Factors in the decision In the interim, policymakers will have a mountain of information to plow through. To start:November's payrolls datashowed an increase of 227,000, slightly better than expected and a big step up from October's paltry 36,000. Adding the two mo...
Sri Lanka President Ranil Wickremesinghe has asked business leaders to educate their employees on the significance of the country’s domestic debt restructuring (DDR), noting that reduced interest rates will follow along with development assistance.