Samuel Tombs, chief economist at Pantheon Macroeconomics, agreed the latest inflation figures would likely mean further rises in interest rates. He said: "The drop is too modest for the [Bank of England] to stop raising rates; we now look for a final 25bp hike in May." Therefore, he exp...
The article presents public opinion on the impact of the decline in interest rates on the printing industry in Great Britain. Park Communications chief executive officer (CEO) Heath Mason says the high rates have not turned customers away from the printed medium. Richmond Capital Partners CEO Paul...
“Mortgage rates are not expected to drift much lower in December than where they are today. However, rates could drop if data shows a sudden economic slowdown or labor market deterioration. Conversely, rates could rise further if the economy outperforms expectations or inflation comes in hotter ...
“If theBank of Englanddoes decide that the current inflation backdrop is benign enough to start loosening monetary policy next month, this may prompt a further softening in lending rates,” he says. “In addition, the recent election delivered a clear outcome, with housing pushed up the polit...
Credit card interest rates may drop soon, but a big rate drop could take time — if it comes at all. Here's why.
When will credit card interest rates drop below 20%? Credit card rateshave been on a steep run-up for most of the last decade. In fact, in 2015, the average rate was just 11%. Experts say the steady rise comes down to many factors. For one, high inflation has played a role. ...
Over the next six to 12 months, we see room for a moderate cyclical decline in the dollar. The main driver is likely to be a greater convergence of interest rates in the major economies as the U.S. Federal Reserve nears the end of its rate hiking cycle while other central banks continu...
I will write a lot more about this in the next month or so, but for now it is worth pointing out that the Chinese banking system is one of the least efficient in the world when it comes to assessing risk and allocating capital, and would be bankrupt without repressed interest rates and...
The outlook for the 2025 Boise housing market largely hinges on interest rates. Josephine NesbitNov. 21, 2024 Are Same-Color Rooms Trending? There are benefits to single-color rooms. Here's how to pull one off. Maurie BackmanNov. 20, 2024 ...
Clear evidence of a slowdown in UK wage growth is one of the crucial changes that Bank of England policymakers want to see before they can conclude that inflation is sustainably on the way down and start cutting interest rates. Tuesday’s official data, showing a sharp decline in the pace ...