Interest rates affect the mortgage, credit card and savings rates for millions of people. An interest rate tells you how much it costs to borrow money, or the reward for saving it. The Bank of ...
Despite what Fed officials, economists, and their media enablers tell you, there’s no such thing as costless credit. This is ...
While a lower base rate often leads to reduced interest rates, making life easier for borrowers but harder for those with cash savings. However, credit card and loan holders shouldn't count their ...
The Fed’s key rate has a bearing on the sustainability of public borrowing, which is heading to striking levels.
Long-term interest rates are on the rise and there is no shortage of explanations from the usual suspects. One thing the ...
The Fed’s interest rate decisions have far-reaching effects on almost every facet of the economy ... His view on interest ...
Like everyone else, Federal Reserve officials are watching and waiting to see what tariffs Donald Trump will impose and how they will affect the economy.
Goldman’s forecast is for just 0.9 per cent UK GDP growth this year, which is a lot lower than consensus (1.3 per cent), the BoE (1.5 per cent) and the OBR (2 per cent). This is no time to keep policy ...