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BBCNEWS Talking Business July 6, 2024

im going to be discussing it with these three, there they are, matthew plosser from the new york federal reserve, liz lumley from the banker magazine, and frederic malherbe from university college london, who thinks central banks should consider more radical steps to get the banks to pass on better deals for savers. plus, the boss behind the trains of tomorrow. my interview with the global ceo of one of the worlds biggest train and tram makers, on the future of transport across the wor...
Bbc News News Stories Aren T Business Weekly Aaron Heslehurst Central Banks

BBCNEWS Talking Business July 6, 2024

the australian prime minister, and the us president. the three countries are expected to agree to provide australia with nuclear powered submarines. now on bbc news, talking business. welcome to talking business. take a look at what is on the show. rates are rising around the world so why arent more savers getting a better deal from the banks? bumper profits are expected from the biggest financial institutions this year as they charge more to borrow but those with savings have not been...
Bbc News Jamie Lee Curtis Rescue Plan Silicon Valley Bank All Quiet On The Western Front Working Week

BBCNEWS Talking Business July 6, 2024

added to the venue for hollywoods biggest awards. the field of best picture contenders features many of last years biggest box—office hits, including elvis, and everything everywhere all at once. now on bbc news, talking business. hello, everybody, welcome to talking business with me, aaron heslehurst. lets take a look at whats on the show. rates are rising around the world, so why arent more savers getting a better deal from their banks? bumper profits are expected from the worlds b...
Tim Davie Bbc News Gary Lineker Sports Output Migration Policy Match Of The Day

BBCNEWS BBC News July 7, 2024

are you a first—time buyer, have recently taken on a mortgage or are looking to move — how is this impacting you? do get in touch on twitter @annitabbc or use the hashtag #bbcyourquestions. cuba is completely without power after hurricane ian has struck the western end of the island. two people are reported dead. florida now braces itself for the category three hurricane with life—threatening winds, floods and tidal surges. leaders of several european countries claim that rare ga...
British Government Tax Cuts International Monetary Fund Bbc News Around The World Gilt Market

BBCNEWS Talking Business June 4, 2024 01:37:00

But heres what i would say — is that savers have lots of opportunities besides the bank that they currently store their deposits with. so, if you look at the marketplace for transaction—like deposit products, money market mutual funds, cds, certain high yield savings accounts, they are offering very competitive rates. one of the reasons banks are able to keep their rates low is because consumers are slow to re—optimise, they are slow to find these opportunities. but they are certainly out ...
Central Banks Deposit Products Savings Accounts Money Market Mutual Funds Re Optimise Matthew Plosser

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BBCNEWS Talking Business June 4, 2024 03:38:00

Marketplace for transaction like deposit products, money market mutual funds, cds, certain high yield savings accounts, they are offering very competitive rates. one of the reasons banks are able to keep their rates low is because consumers are slow to re—optimise, they are slow to find these opportunities. but they are certainly out there. and so i think the first step is for consumers to make sure that theyre doing what they want to do with their money and that theyre aware of the opportunit...
Deposit Products Savings Accounts Money Market Mutual Funds Opportunity Costs Re Optimise New York Federal Reserve

BBCNEWS Talking Business June 4, 2024 02:38:00

So, if you look at the marketplace for transaction—like deposit products, money market mutual funds, cds, certain high—yield savings accounts, theyre offering very competitive rates. one of the reasons banks are able to keep their rates low is because consumers are slow to re—optimise, theyre slow to find these opportunities. but theyre certainly already out there. and so, i think the first step is for consumers to make sure that theyre doing what they want to do with their money and that ...
Deposit Products Money Market Mutual Funds Savings Accounts Re Optimise Matthew Plosser Opportunity Costs

BBCNEWS Talking Business June 4, 2024 15:36:00

To find better deals. all rates were low. and, matthew, let me end on this. im just wondering should central banks be doing more? can they do more perhaps to force banks to increase the rates for savers? im not going to make a policy application here but heres what i would say — is that savers have lots of opportunities besides the bank that they currently store their deposits with. so, if you look at the marketplace for transaction like deposit products, money market mutualfunds, cds, certain...
Matthew Plosser Policy Application Central Banks Deposit Products Savings Accounts Money Market Mutualfunds

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