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'Once bitten, twice shy': Why the ECB is likely to play for time on rate cuts

The eurozone economy is stagnating, price growth is slowing and high borrowing costs are squeezing demand for loans, yet the European Central Bank is...

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FTSE 100 Live: Stocks slip as investors await US inflation gauge

FTSE 100 down 50 points at 7,304 NatWest sinks on lower margin outlook IAG delivers best ever third quarter 2:48pm: Intel and Amazon fire up the Nasdaq,...

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FTSE 100 Live: Stocks tumble after mixed start on Wall Street

FTSE 100 down 62 points at 7,293 NatWest sinks on lower margin outlook IAG delivers best ever third quarter 3:52pm: US consumer confidence falls The FTSE...

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Bank of England may slow pace of UK rate hikes

Economists and investors anticipate the benchmark lending rate will rise to 5.25 per cent. Read more at straitstimes.com.

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Bank of England May Slow Pace of UK Rate Hikes

Bank of England May Slow Pace of UK Rate Hikes
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Bank of England still may hike interest rate to 5.5% despite inflation easing

The Bank of England is widely expected to raise interest rates again at the monetary policy committee (MPC) meeting next Thursday and there is some...

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Real estate, tech drag Europe's STOXX 600 down on rate hike jitters

Tech led European shares lower on Wednesday following hawkish signals from Federal Reserve Chair Jerome Powell, while real estate stocks slid as the prospect of more interest rate rises stoked fresh concerns about mortgage costs after UK inflation failed to slow down in May. The continent-wide STOXX 600 index closed 0.5% lower, extending declines to the third consecutive session. Fed Chair Powell told lawmakers that the fight against inflation still "has a long way to go" and despite a recent pause in rate hikes officials were in agreement borrowing costs would likely still need to move higher.

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Bank of England meets on Thursday after interest rate expectations surge

Bank of England interest rate expectations have surged after some unwanted inflation and wage growth data in the past six weeks. The base rate is currently...

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Vodafone's UK Merger Seen as a Hard Sale for -2-

1149 GMT - Aston Martin Lagonda Global Holdings shares rise 5% to 292 pence after Jefferies upgraded the iconic sports-car maker to hold from under-perform. It also raises its price target on the...

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