More flexibility in Britain’s labour market is necessary to ensure inflation remains at 2 per cent, Jonathan …
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Bank of England (BOE)
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Interest rate futures were fully factored in on Monday in an initial quarter-point interest rate reduction by …
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Bank of England policymaker Megan Greene expressed concern on Wednesday that the ongoing unrest in the Middle …
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Britain’s consumer price inflation rate has decreased to a two-and-a-half-year low of 3.2 per cent annually in …
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BanksFeatureMoney
Rate cuts on horizon; says next BoE deputy governor
by Aya El Sayedby Aya El SayedWhile it’s too early to specify when, a rate cut by the central bank is imminent, Clare …
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BanksFeatureInternational NewsMoneyNews
Reserve Bank of Australia vows to maintain liquidity for smooth financial system
by Aya Anwarby Aya AnwarAustralia’s central bank, vows to maintain liquidity to ensure smooth financial system operations as pandemic-era bonds mature.
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BanksFeatureInternational NewsMoneyNews
British businesses to scale back staffing, wage increase plans – poll
by Aya Anwarby Aya AnwarBritish businesses are scaling back their staffing and wage increase plans this month, possibly due to the …
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UK inflation dropped to 3.4 per cent, hitting its lowest level in 2 1/2 years, aligning with …
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BanksFeatureFinancial Institutions
Private credit funds-banks ties in Europe deepen amid higher default risks
by Aya El Sayedby Aya El SayedA record 80 per cent of new European private credit funds used bank loans in 2023, known …
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BanksFeatureFinancial InstitutionsInternational NewsNews
Citigroup predicts BoE to reduce interest rates in June
by Nada Aliby Nada AliCitigroup predicts the Bank of England (BoE) will reduce interest rates this year, with the first cut …
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