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Key data this week will offer a hint as to whether the eurozone’s powerhouse can shake off recent stagnationEngine of the eurozone, industrial powerhouse, export world champion – just some of the ways Germany’s economy has been described over the years…
Figure is less than expected in first jobs report since Fed raised interest rate to 22-year highUS employers added 187,000 jobs in July, less than expected and a sign that the labor market is cooling after a series of interest rate hikes by the Federal…
Tory MPs call for targeted tax cuts as Labour criticises 14th interest rate hike as ‘mortgage bombshell’Bank warns rates will remain high for at least two yearsMore pain in store: Bank raises a few eyebrowsExplainer: what the rate rise means for youRis…
Rise to 5.25% comes as no surprise but Bank of England’s language will frighten manyFull story: Bank says rates will stay high for at least two yearsExplainer: what the rate rise means for youIf it isn’t hurting it isn’t working. That was the message f…
Policymakers vote for quarter-point rise to 5.25% – the 14th hike in a row – but BoE rules out prospect of recessionBusiness live – latest updatesThe Bank of England has warned businesses and households that the cost of borrowing will remain high for a…
Fears remain over stubborn inflation but slowing economy likely to fuel more cautious approach from rate-setters, say analysts‘It’s a bloodbath’: UK homeowners on variable mortgagesThe Bank of England is poised to push interest rates to 5.25% on Thursd…
With the cost of borrowing likely to rise again, we speak to some of the 1.4m people on variable rates dreading the latest decisionBank of England poised to raise UK interest rates to 5.25%“It’s a bloodbath, that’s the way I’d like to describe it,” say…
Trump’s efforts to overturn election and political polarization led agency to decision, says senior directorDonald Trump’s attempt to overturn the 2020 election and growing political polarization in the US contributed to an “erosion of governance” that…
Bank will have largest ever number of women on rate-setting monetary policy committee after appointmentThe Bank of England is on course to have the largest ever number of women on its interest rates setting committee after Jeremy Hunt said Bank of Engl…
Nationwide says cost of a typical home is £260,828 after 3.8% year-on-year drop in JulyBusiness live – latest updatesUK mortgage approvals rise despite surge in interest ratesAnalysis – mortgage rates show sign of easingUK house prices fell last month …