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Showing 51 - 58 of 58 results for "UK economy"

Bad tidings we bring

BENJAMIN ONG | MONDAY, 12 JAN 2009

... interest rates by 50 basis points to 1.5 percent - a level not seen since its creation in 1964. The sinking feeling in the UK economy suggests that the BoE would soon go the way of the Fed by enacting its own policy of quantitative easing. The European ...

Mine's bigger than yours

BENJAMIN ONG | MONDAY, 10 NOV 2008

... cent - the lowest level since 1954 and the biggest rate reduction since 1992. Such are the problems confronting the UK economy that in a period of just a month, the BoE has taken interest rates down by 200 basis points and below the European Central ...

Lower, higher, steady

BENJAMIN ONG | THURSDAY, 21 AUG 2008

... lower rates. As in the US, this underscores the conflicting forces - slowing growth and high inflation -- affecting the UK economy. Although still volatile, the weakening in commodity prices seen over the past few weeks and indications that the slowdown ...

Fed does an RBA

BENJAMIN ONG | WEDNESDAY, 6 AUG 2008

... and services prices and higher interest rates are hurting retail purchasing power. Data released overnight show the UK economy continuing to weaken. However, with inflation at an 11-year high, the Bank of England is not expected to lower interest rates ...

Central bank watch

BENJAMIN ONG | MONDAY, 4 AUG 2008

... Policy Council (MPC) of the BoE is expected to keep interest rates steady at 5 percent despite signs of a weakening UK economy. However, rising inflation pressure could tip the BoE towards a rate hike. The MPC July meeting minutes, showing disagreement ...

Trouble at Threadneedle Street

BENJAMIN ONG | FRIDAY, 11 JUL 2008

... stance have shifted to neutral and should pave the way for an eventual easing in the coming months. The state of the UK economy has been worsening with industrial output and house prices declining, and the unemployment rate rising. In the 12 months to ...

Market Wrap - Morning

AAP | MONDAY, 30 JUN 2008

... energy stocks, outweighing the impact of losses in supermarkets and banks sparked by concerns over the health of the UK economy. The commodity-heavy FTSE 100 closed up 11.7 points, or 0.2 per cent, at 5,529.9 points. FRANKFURT - The DAX index ended at ...

Daily economic update

... their respective key interest rate unchanged as expected. The BOE left interest rates unchanged at 4.5 per cent as the UK economy continues to struggle mainly due to its weak property market. The BoJ left interest rates unchanged near 0 per cent. BoJ ...

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BT appoints new head of strategy

KARREN VERGARA | 10:47AM

A former Allianz Retire+ executive has joined BT as the new head of strategy.

ASX sees trade volumes soar in May

MATTHEW WAI | 12:24PM

ASX saw a substantial growth in trade volumes last month, despite continued lackluster movement in IPOs.

Otivo launches AI-powered financial advice

MATTHEW WAI | 12:21PM

Otivo has launched a mobile app for Australians to access licensed advice powered by AI.

Munro expands access to climate focused fund

VINNY VUCAGO | 12:09PM

The Munro Global Growth Climate Leaders PIE Fund has been opened to retail investors in New Zealand.

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