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Bank of England reveals the latest on mortgage approvals
31 May 2024 18:05 GMT
… the woods, a drop in interest rates and clearer glide path for … the figures revealed in this Bank of England report? Share them with us …
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ISA deposits hit record high, Bank of England says
31 May 2024 13:31 GMT
… the Bank of England said.
It comes amid 16-year-high interest rates, … "effective" interest rate - the actual interest … "effective" interest rate on newly drawn mortgages was … Bank would next cut interest rates.
Approvals for remortgaging …
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Warning issued to house deposit savers as UK inflation rate drop to hit interest rates
31 May 2024 09:52 GMT
UK inflation dipped to 2.3 per cent in April, marking its lowest level in nearly three years. Financial experts suggest that now is a good time to evaluate your financial options, whether you're saving or borrowing. The fall, from 3.2 percent in March, …
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Mortgage approvals dip as buyers hold out in hope for interest rates cut
31 May 2024 09:14 GMT
… hope for an interest rates cut.
According to the latest Bank of England data, mortgage … building despite the fact that interest rates are yet to come down … by the first reduction to interest rates in four years.
"With …
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The BoE’s interest rate path proposal could raise credibility questions
31 May 2024 09:12 GMT
… and former adviser to the Bank of England’s Monetary Policy Committee
Former … Bank of England’s interest in publishing an interest rate path. The Bank of England would publish an interest rate …
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Every time Sunak and Hunt said they had nothing to do with interest rates
31 May 2024 07:32 GMT
… election is a vote for interest rate cuts due to his … after the Bank of England announced it was raising interest rates by a … get debt falling so that interest rate rises are kept as … decisions made by the Bank of England on interest rates. But what I can …
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Economists criticise Sunak's 'utterly irresponsible' interest rates claim
31 May 2024 07:27 GMT
… necessary condition for bringing down interest rates.”
The Bank of England has been operationally independent … puts pressure on the Bank of England to increase interest rates.
“And so what we … fall in energy prices and interest rate hikes and he has done …
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Interest rate remarks not an attempt to undermine Bank of England, Sunak says
30 May 2024 19:00 GMT
… to interest rates, despite that being a decision for the independent Bank of England.
Experts … think the Bank is likely to cut interest rates in … an attempt to undermine the Bank of England, the Prime Minister told …
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Interest rates ‘must’ be cut to 3% by Bank of England ‘to avoid recession’ next year
30 May 2024 15:52 GMT
… (MPC) to start reducing interest rates sooner rather than later.
“ … downward trajectory towards the Bank of England’s threshold of two … to seriously consider cutting the interest rate in their next meeting, … overall goal if the BoE wants to truly prioritise …
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Status quo on interest rate on the cards
30 May 2024 20:16 GMT
… push up inflation. Global interest rates continue to remain elevated. … left the key benchmark interest rates unchanged maintaining them at … up scope for the Bank of England to cut rates when inflation … trillion. The cut-off interest rate was 6.61-6.64 …