Fears Bank of England may delay interest rate cuts as UK economy 'roars back'

Finance experts say the good news ... cut interest rates, as the economy is doing well in a restrictive rate environment. Wes Wilkes, chief executive at Net-Worth NTWRK, said: “The UK economy ... Read More

UK economy continues recovery with 0.6% growth

The UK's economy grew by 0.6% between April and ... activity for the summer months "no doubt affected by still high interest rates". Earlier in August, the Bank of England trimmed interest rates ... Read More

The Downside of Falling Interest Rates

While rate cuts are welcome in much of the economy, they pose problems for risk-averse investors who relish high money market and bond yields. Read More

When will interest rates go down?

17 and 18, 2024, when the central bank will discuss the possibility of cutting interest rates. At its last meeting in July, the Federal ... while interest rates are high What you should do when ... Read More

UK economy grows 0.6 per cent in second quarter, in line with expectations

The data will be considered by policymakers at the Bank of England as they decide whether to cut interest rates again next month. The UK economy ... target to hit 2.2 per cent in July – the ... Read More

UK Economy Heads for Slowdown After ‘Goldilocks’ First Half

Britain’s economy is enjoying a “Goldilocks moment ... A strong performance in the second quarter meant the UK enjoyed the best growth in the Group of Seven nations in the first half ... Read More

UK economy grows strongly in Q2 but slowdown seen ahead

"Overall, the UK economy has shown a solid performance ... expected quarterly growth to slow as interest rates remained near a 16-year high, despite this month's BoE cut. Wage growth was also ... Read More

How to get a mortgage interest rate below 6% now

While a variable rate — even though it won't change for years — isn't necessarily desirable, it could be a smart way to proceed in today's economy ... paying off high-interest debt) can ... Read More

Refinancing demand surges on mortgage rates dropping

HOMEBUYERS DON'T FEEL QUITE COMFORTABLE WITH THE ECONOMY ... sharp decline in interest rates rather than folks looking to cash out their equity. Get a brief on the top business stories of the ... Read More

What are today's savings interest rates?

Explore today's rates here to find the account that will earn you the most! When it comes to earning as much interest as possible, high-yield savings accounts are the clear winner. They may offer ... Read More

Americans spent more at retailers in July despite higher prices

The July retail sales data provided reassurance that the U.S. economy ... are struggling with high interest rates on credit cards, with many of them maxed out. AP Business Writers Anne D ... Read More

America’s economy is wildly confusing right now. Here’s what’s really going on

(It exists in the context of all in which we live and all that came before it.) The truth is the economy is in pretty ... slowing down in the face of high interest rates, which make it harder ... Read More