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Further hikes still a possibility

(Bloomberg) -- Romania’s central bank may start laying the groundwork for cutting interest rates in the coming months as a spike in inflation at the start of the year is likely to prove fleeting.Most Read from BloombergS&P 500 Rally Hits a Wall in Run-Up to CPI Report: Markets WrapTrump Asks Supreme Court to Keep DC Election Trial on HoldPentagon Chief Austin in Critical Care for Bladder IssueTrump Says There’s ‘No Way’ Taylor Swift Can Endorse BidenInvestors will be looking for clues about the

Here are key takeaways from the Federal Reserve's interest-rate decision on Wednesday: Federal Open Market Committee votes unanimously to leave benchmark rate unchanged -- as expected -- in target range of 5.25%-5.5% for fourth straight meeting while making significant changes to statement, including a new reference to considering “any adjustments” to the benchmark rate, stepping away from its previous bias toward a potential hike Policymakers signal they're not yet ready to cut interest rates a

The brokerage now expects a 75-basis point rate cut by end 2024, taking J.P.Morgan's policy rate forecast to 4.5%, while the central bank's current benchmark rate stands at 5.25%. J.P.Morgan had earlier estimated BoE to start cutting rates only in November. The easing in consumer prices had led many economists to predict that it would be back at the BoE's 2% target by April or May this year, around 18 months sooner than the BoE was predicting.

Of almost 6.5% that borrowers were facing just a few months ago. and it will be a welcome development for many uk households as our cost of living correspondent kevin peachey explains. there is more than 1.5 million homeowners who are going to be renewing their mortgages because their current deal is expiring this year. that new deal is likely to be more expensive. this renewed competition between lenders, really good news for them. they have relieved some of that financial pain and may make it a little bit less intense. landlords, the pressure on them eight years little and it could feed thro...