interest rate – Asian News from UK

Bank of England pauses interest rate hike

The BoE expects GDP to grow by 0.5 per cent this year, unchanged from its last forecast, but downgraded its outlook for 2024 from 0.5 per cent to 0 per cent…reports Asian

November 3, 2023

-Top News·UK News

Bank of England Keeps Interest Rates on Hold Amidst Economic Pressure

Official figures on Wednesday showed a surprise fall in inflation in August, and brought to a halt the central bank’s most aggressive round of rate increases in decades…reports Asian Lite News Mortgage

September 22, 2023

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‘Inflation increases along with global challenges’

Inflation is due to fall from 7 per cent recorded in the March quarter this year to 3.25 per cent in 2023-24, before returning to the Reserve Bank of Australia (RBA)’s target

June 29, 2023

-Top News·Australia News

Interest rate rise expected after inflation shock in UK

Influential think tank the Institute for Fiscal Studies (IFS) warned higher rates would result in a drop of more than 20% in disposable income for 1.4 million mortgage holders…reports Asian Lite News

June 22, 2023

-Top News·UK News

UK interest rates highest since 2008

The quarter of a percentage point rise to 4.5 was expected, but the 12th increase in a row brings concerns…reports Asian Lite News The Bank of England has raised interest rates to

May 12, 2023

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