The Bank of England has left interest rates unchanged at its November meeting, extending September’s pause. The Monetary Policy Committee voted 6–3 to leave.
Lifetime mortgage repayments surged to more than £21bn a quarter since the end of last year, data from the Equity Release Council shows, as borrowers reacted to higher interest rates. These regular and one-off capital repayments across this mortgage market jumped from £17bn before the pandemic, according to the
Indias risk of stagflation, when economic growth stagnates while prices increase rapidly, is low despite prices surging, according to the Reserve Bank of Indias (RBI) August bulletin. A study for the central bank found the probability of stagflation in India was just 3%, due to easing financial conditions, stable INR/USD forex rates and steady domestic fuel prices.
Vote counting was underway
in Cambodia on Sunday in a one-sided election certain to prolong
the ruling party s dominance, clearing the path for a historic
leadership transition and the end of the.