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Chief Economist of the Bank of England: ‘No Rush’ to Raise...

Photo by George Rex/Flickr The Bank of England is potentially in need to impose a hike in interest rates in order to tackle inflation. However, in...

BoE Deputy Director Ben Broadbent: Two Rate Rises This Year Would...

Photo by Bank of England/Flickr This morning, Ben Broadbent, the deputy director of the Bank of England, said that an abrupter path of interest rate hike...

British Homeowners Rushed to Remortgage as Interest Rate Increase Looms

Householders in Britain have been scrambling to avail fixed-rate mortgages before the expected interest rate rise on Thursday, which would lead to the first...

European Central Bank Launches New Reference Rate After Failed Reform

On Thursday, the European Central Bank announced that it would develop a new overnight reference interest rate by 2020 after the failure of industry players to...

Interest rates set to stay low for at least another two...

Experts believe that as the economy continues to exhibit signs of slowing, interests are set to be unchanged for at least another two years. The...

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