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Interest rates held for seventh time in a row

Sky News Thursday, 20 June 2024
The Bank of England has held interest rates at 5.25% for the seventh time in a row.
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News video: New US Home Construction Sinks to Slowest Pace in 4 Years

New US Home Construction Sinks to Slowest Pace in 4 Years 01:30

New US Home Construction , Sinks to Slowest Pace in 4 Years. Government data released on June 20 indicates that new home construction in America dropped in May to the slowest pace since June 2020, Yahoo Finance reports. . Housing starts dropped 5.5%, and building permits dipped 3.8%. Home...

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Rate cut speculation lights up as economic outlook darkens

There is growing speculation of a pick up in the pace of Bank of England interest rate cuts as the outlook for the UK economy darkens, with fresh data suggesting..
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Ex-BoE member warns inflation set to rise again [Video]

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Former Bank of England policymaker Michael Saunders welcomed March’s lower inflation but warned it may be short-lived. He said rising energy bills, tax hikes, and fallout from US trade tensions could push UK inflation above 3% next month, while also slowing growth, investment and potentially increasing unemployment later this year. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

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