City bond traders have put the champagne on ice. They had a good run. For some it lasted almost a year. But it’s over now and the “new normal” of low trading volumes and weak profits is reasserting itself.
The Bank of England should resist increasing interest rates while the direction of the economy remains unclear, according to one of the central bank’s senior policymakers, an announcement that reduces the chances of a rate hike this year.
Households should prepare for interest rates to rise as the Bank of England withdraws some of the emergency support it injected into the economy in the wake of last year’s Brexit vote, a top policymaker has warned.
Signs of a deepening rift on the Bank of England’s monetary policy committee have emerged after Threadneedle Street’s chief economist revealed he seriously considered opposing the governor, Mark Carney, and voting for an interest rate rise earlier this month.
Fears that the start of Brexit negotiations will damage the economy mean that interest rates should remain at their record-low level, the governor of the Bank of England has said.
An economics professor from the London School of Economics who warned against Brexit has been appointed to the Bank of England’s interest rate-setting committee.
The Bank of England has edged closer to raising interest rates as a deeper split emerged among its committee of policymakers, with three out of eight voting for an immediate rise to keep inflation in check.
The Bank of England (BOE) held interest rates steady at 0.25 percent, as expected, on Thursday while implementing some widely anticipated modifications to its growth and inflation assumptions over the three-year forecast horizon.
Slower economic growth and higher inflation present Bank of England policymakers with a delicate balancing act when they meet this week to set interest rates and agree new forecasts for the UK as it goes through an election and Brexit talks.
Rangers host Feyenoord at Ibrox in the Europa League this evening.
Chelsea midfielder Ross Barkley missed a crucial spot kick against Valencia, as Frank Lampard's side slipped to defeat.
Eden Hazard, who left Chelsea in the summer of 2019, was in action for Real Madrid against Paris Saint-Germain on Wednesday.
Liverpool have made a 100% start to the Premier League season and they will be looking to maintain that at the weekend despite suffering a defeat to Napoli on the opening night of the Champions League.
Joao Cancelo made his first Champions League appearance for Pep Guardiola's Manchester City during a 3-0 win at Shakhtar Donetsk.
Everton boss Marco Silva has faced a great deal of criticism after his side were beaten last weekend.
Serge Atakayi was the hero for Ibrox side Glasgow Rangers on Wednesday.
Tottenham Hotspur loanee Jack Clarke could potentially be returning back to his parent club in January because his game time at Leeds United has completely dried out.
Scottish Premiership powerhouses Rangers let Lee Hodson leave Ibrox this summer before he signed a contract with Gillingham.
Tottenham Hotspur sold Kieran Trippier to Atletico Madrid during the summer transfer window.
Global stock markets have ended 2017 on record highs, gaining $9tn (£6.7tn) in value over the year due to a strong worldwide economy, President Donald Trump’s tax cuts and central banks’ go-slow approach to easing financial support.
Investors are ignoring warning signs that financial markets could be overheating and consumer debts are rising to unsustainable levels, the global body for central banks has warned in its quarterly financial health check.
Which countries have the lowest interest rates in the world?