India  

Bank of England rate cut expected as Fed holds again

Sky News Wednesday, 31 July 2024
Bank of England rate cut expected as Fed holds againThe Bank of England will implement its first interest rate cut since 2020 at midday on Thursday, if financial markets and many economists are right, hours after the US central bank signalled it could act next month.
0
shares
ShareTweetSavePostSend
 

You Might Like


💡 newsR Knowledge: Other News Mentions

Bank of England Bank of England Central bank of the United Kingdom

Mark Carney Elected Canada’s PM | All About Canada’s New Leader | Canada Elections [Video]

Mark Carney Elected Canada’s PM | All About Canada’s New Leader | Canada Elections

Mark Carney is set to become Canada’s next Prime Minister after a landmark Liberal victory over the Conservatives. Once an unelected leader appointed after winning the Liberal Party leadership in March 2025, Carney now holds a voter-backed mandate. The former Governor of the Bank of Canada and Bank of England, Carney is renowned for steering economies through crisis—from the 2008 financial meltdown to Brexit. With growing tensions from the U.S., including threats from President Donald Trump over trade and sovereignty, Carney faces challenges aplenty. Watch now for a deep dive into how this economist-turned-politician secured power and what it means for Canada’s future. #MarkCarney #CanadaElection2025 #LiberalParty #CanadianPolitics #PrimeMinisterCarney #EconomistToPM #JustinTrudeau #PierrePoilievre #DonaldTrump #CanadaUSRelations #EconomicStability #CarneyVictory #BreakingNewsCanada #MarkCarneyPM #CanadaVotes2025 #CanadianElection #CarneyForPM #LiberalVictory #CarneyVsPoilievre #TrudeauSuccessor #BankerToLeader #CanadaPM #ElectionNightCanada #CarneyPolitics #CanadaBreakingNews #FederalElection2025 ~HT.178~ED.346~

Credit: Oneindia    Duration: 03:52Published

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..
Sky News

100% chance that Bank of England will cut interest rates next month, markets predict

Financial markets have priced in a 100% chance of a Bank of England interest rate cut next month, as the effects of Donald Trump's evolving trade war continue to..
Sky News
Ex-BoE member warns inflation set to rise again [Video]

Ex-BoE member warns inflation set to rise again

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

Credit: ODN    Duration: 01:39Published
Bank of England: NI rise could see companies shed workers [Video]

Bank of England: NI rise could see companies shed workers

The Bank of England has kept interest rates on hold at 4.5%, warning that US President Donald Trump's trade war has intensified global economic uncertainty. The Bank says there are indications an increasing number of companies plan to let workers go when national insurance contributions rise next month, which Governor Andrew Bailey says is a cause for concern. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:52Published

Federal Reserve Federal Reserve Central banking system of the US

Trump U-Turns On Fed Chair Powell: “Never Wanted To Fire Him” After Calling Him A ‘LOSER’ | U.S FED [Video]

Trump U-Turns On Fed Chair Powell: “Never Wanted To Fire Him” After Calling Him A ‘LOSER’ | U.S FED

President Trump now says he has “no intention” of firing Federal Reserve Chair Jerome Powell, despite calling him a “major loser” just days ago. Trump’s sudden reversal—delivered in the Oval Office—comes after sharp criticism and market turbulence. Wall Street surged on the news, as fears of a central bank shakeup faded. Trump had previously accused Powell of failing to cut interest rates. The about-face follows internal White House talks on removing Powell, who is legally protected until 2026. Critics warned that firing him could destabilize the entire financial system. #Trump #JeromePowell #FederalReserve #InterestRates #TrumpNews #FedChair #MonetaryPolicy #StockMarket #WallStreet #USPolitics #WhiteHouse #Powell #TrumpReversal #EconomicPolicy #CentralBank #BreakingNews #OvalOffice #TrumpStatement #FinanceNews #PowellProtected #RateCutDebate #TrumpFedClash #TrumpMarkets #USEconomy #PaulAtkins #TrumpSpeech #FinancialStability #KevinHassett #PowellUnderFire #PowellStays #TrumpvsPowell Also Read US President Donald Trump, Russia's Vladimir Putin Condemned Pahalgam Terrorist Attack, Call It A Brutal Crime :: https://www.oneindia.com/international/us-president-donald-trump-russias-vladimir-putin-condemned-pahalgam-terrorist-attack-call-it-a-br-4131695.html?ref=DMDesc Harvard Sues Donald Trump Administration Over Cut In US Federal Funding :: https://www.oneindia.com/international/harvard-sues-donald-trump-administration-over-cut-in-us-federal-funding-4130575.html?ref=DMDesc US Will Drop Ukraine-Russia Peace Efforts If No Progress Within Days: Marco Rubio :: https://www.oneindia.com/international/us-will-drop-ukraine-russia-peace-efforts-if-no-progress-within-days-marco-rubio-4127371.html?ref=DMDesc ~HT.336~

Credit: Oneindia    Duration: 04:02Published

Stock markets rally as Trump rows back on Fed and China threats

Global stock markets and the dollar have rallied on hopes of two significant climbdowns by the Trump administration on issues blamed for a slump in values.
Sky News
Investors flee US assets as Trump attacks Fed’s Powell and calls for rate cuts [Video]

Investors flee US assets as Trump attacks Fed’s Powell and calls for rate cuts

Investors flee US assets as Trump attacks Fed’s Powell and calls for rate cuts Investors continued offloading US assets as the Trump administration seeks a way to dismiss Federal Reserve Chair Jerome Powell. Trump has demanded rate cuts, referring to Powell as “a major loser” in a social media post. The US dollar weakened to a three-year low. READ MORE : http://www.euronews.com/2025/04/22/investors-flee-us-assets-as-trump-attacks-feds-powell-and-calls-for-rate-cuts Subscribe to our channel. Euronews is available on Dailymotion in 12 languages

Credit: euronews (in English)    Duration: 01:30Published
Trump Erupts in Fury at Fed Chair Powell, Demands His Termination Over ‘Complete Mess’ Reports [Video]

Trump Erupts in Fury at Fed Chair Powell, Demands His Termination Over ‘Complete Mess’ Reports

Trump has launched a fiery attack on Federal Reserve Chair Jerome Powell, calling for his immediate termination after slamming the Fed’s latest economic report as a “complete mess.” Trump accused Powell of being “too late and wrong” on interest rate policy and compared him unfavorably to the European Central Bank, which just issued its seventh rate cut in a year. The outburst follows Powell’s stark warning that Trump’s sweeping tariffs could drive the U.S. into stagflation. With Powell’s term running through 2026 and legal protections in place, Trump’s demand has ignited a constitutional debate over presidential power and the independence of America’s central bank. #TrumpVsPowell #JeromePowell #FedChair #TrumpTweets #JayPowell #TrumpNews #TrumpBlastFed #FederalReserve #TrumpEconomicPolicy #TrumpAdministration #PowellNews #TrumpTwitter #USFedChair #TrumpTradePolicy #Trump ~PR.152~HT.410~GR.124~

Credit: Oneindia    Duration: 04:02Published

Related news from verified sources

Gold stolen in Canada's biggest ever heist ended up in India, Dubai: Police

Canada Police believes that the gold stolen last year in Canada's biggest-ever gold heist must have gone to India and Dubai gold markets. Over 6,500 gold bars...
IndiaTimes

Kalki crosses Rs 500 cr at worldwide box office

Directed by Nag Ashwin, 'Kalki 2898 AD' starring Prabhas, Amitabh Bachchan, and Deepika Padukone, dominates the global box office with collections exceeding Rs...
IndiaTimes

Surging markets: CJI advises Sebi, SAT to be cautious


IndiaTimes