Interest rates

Why is the Bank being cautious in delaying rate cuts?

After the Federal Reserve’s monster 0.5 percentage point cut in US borrowing costs on Wednesday, it seemed strange that the Bank of England should sit on its hands and...

Why didn’t the Bank of England cut interest rates?

After the Federal Reserve’s monster 0.5 percentage point cut in US borrowing costs on Wednesday, it seemed strange...

With inflation staying at 2.2%, will Bank of England cut interest rates this week?

For a second month running inflation has fallen short of the Bank of England’s expectations. After beginning the...

UK inflation stays at 2.2% as lower petrol prices offset by higher air fares

The UK’s annual inflation rate rose by 2.2% in August, matching the increase in July, as lower petrol...

The 40-year mortgage – solution to rising property values or too high a price to pay?

A growing number of first-time buyers are opting for 35- or 40-year mortgages in order to be able...

The Federal Reserve is about to cut rates … but by how much?

Economic moments are often forecast with great certainty, but few will have been as widely expected as an interest rate cut by the US...

ECB cuts interest rate to 3.5% and warns of weak eurozone growth

The European Central Bank has lowered interest rates for the second time this year, as it warned that economic growth in the eurozone will...

UK economy unexpectedly flatlines for second month in row

The anticipated post-election bounceback in the UK economy failed to materialise as activity flatlined in July for a second month, according to the latest...