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Interest Rates & Inflation: Fed Holds Rates In Wake Of Disappointing US Prices Data

12 June: Market Remains Hopeful For Rate Cut Later This Year The US Federal Reserve has held interest rates in a target range between 5.25% and 5.5%, a

BoE deputy gov Broadbent says critics of the Bank's inflation record are talking rubbish

Rejects claims that the monetary policy committee acted too slowly because of groupthink

Attacks on Bank's inflation record are tripe, says Ben Broadbent

Deputy governor rejects claims that the monetary policy committee acted too slowly because of groupthink

Ben Broadbent ready to exit the 'nasty' era of central banking

Pound New Zealand Dollar Forecast, News: GBP/NZD Climbs On RBNZ Hold

The Pound New Zealand Dollar (GBP/NZD) exchange rate traded broadly higher last week, despite hawkish commentary from the Reserve Bank of New Zealand (RBNZ), as UK inflation printed above expectations.

Bunzl's Nisbets takeover cleared by Irish regulator, ICG profits more than double

London open The FTSE 100 was called to open down around 10 points.

Tuesday newspaper round-up: Ofwat, Facebook, Deutsche Bank

Ofwat is poised to refuse most water companies’ requests to ratchet up consumer bills, with some getting as little as half of what they have asked for, the Guardian has learned. The decision from the water watchdog for England and Wales, Ofwat, has been formally delayed until 11 July because of the general election. Its verdict, known as a draft determination, comes amid a growing crisis in the water sector. – Guardian

Pound To Canadian Dollar Week Ahead Forecast: GBP/CAD Soars Despite Mixed UK Data, Election Announcement

The Pound Canadian Dollar (GBP/CAD) exchange rate trended steadily higher last week, rising by more than a full percentage point as the Pound (GBP) was buoyed by waning bets for an imminent interest rate cut.

Failure to tackle inflation 'absolute tripe': BoE's Broadbent – Mortgage Strategy

Bank's Broadbent: Groupthink accusations are 'absolute tripe'

A deputy governor at the Bank of England hit back at the criticism that the rate-setting committee suffered from 'groupthink'.