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UNCOVERED: 3 - The Untold Story

Bank of England expected to further increase interest rates

Interest rates could shoot to 3.5 per cent from next week following a meeting of the Monetary Policy Committee

Manchester Evening News

Thailand heads for third-straight modest rate hike as GDP recovers

The Monetary Policy Committee is set to raise its key rate by a quarter point for a third straight meeting as an accelerating economic growth aided by tourism revival risks stoking prices.

Bangkok Post

Next up is Jeremy Hunt as blockbuster week for the economy heads into the Autumn Statement

Thursday’s Westminster set-piece from Chancellor Jeremy Hunt is the main event in a big week for inflation, jobs and tax

Evening Standard

From analysis to the latest developments in health,
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Why has the Bank of England hiked interest rates? All your questions answered

The Bank of England issued a gloomy warning that the economy could fall into eight consecutive quarters of negative growth if current market expectations prove correct

Daily Mirror

UK heading for longest recession in modern history, Bank of England warns

Britain is heading for its longest recession in modern history with no recovery until summer 2024 the Bank of England warned on Thursday.

Evening Standard

Biggest interest rate rise in 33 years set to cost mortgage borrowers an extra £1,100

Analysts are predicting the Bank of England Monetary Policy Committee will vote to up its rate by 0.75 percentage points, from 2.25% to 3% this afternoon - in what would spell more misery for homeowners

Daily Mirror

Mortgages set to rise £6,700 a year after mini-budget crashed the economy

Many economists are saying that the Monetary Policy Committee is likely to raise interest rates again

Nottingham Post

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Bank expected to unveil big rate hike on Thursday

The Monetary Policy Committee is expected to increase rates by 0.75 percentage points

Insider UK

Bank of England postpones next week’s interest rate decision after Queen’s death

A widely expected rise in interest rates has been put on hold due to the death of the Queen

Evening Standard

BoE delays rate decision meeting by a week after Queen's death

The Bank of England on Friday postponed next week's interest rate decision following the death of Queen Elizabeth, its first delay to a monetary policy meeting since the central bank became operationally independent 25 years ago.

Reuters

Homeowners warned interest rates could rise by further 0.5% next month

Millions of homeowners were warned on Tuesday that the Bank of England’s monetary policy committee could raise interest rates by a further 0.5 per cent next month - hiking their mortgage payments.

Evening Standard

MPC expected to raise interest rate Wednesday

The Monetary Policy Committee (MPC) is expected to raise the policy interest rate for the first time in two years by 0.25% on Wednesday to 0.75%, as inflation soared above 7% in the last two months, bringing an end to a low-interest era, analysts say.

Bangkok Post

Interest rates: When is the Bank of England’s announcement today?

Monetary Policy Committee likely to take further measures to rein in inflation

The Independent UK

Mixed feelings on recovery outlook

Bustling commuters, traffic gridlocks and crowded shopping malls have become more common in the third quarter following the country's reopening in June, fuelling hopes that Thailand is now getting back on its feet.

Bangkok Post

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The Times of India

RBI postpones MPC meeting by a day to August 3

MUMBAI: The Reserve Bank of India (RBI) has postponed the meeting of its interest rate setting Monetary Policy Committee by a day to August 3 due to administrative exigencies.

Chronicle Live

Mortgages set to rise with fears interest rates could top 2% to keep inflation under control

The warning comes from Michael Saunders a member of the Bank’s rate-setting Monetary Policy Committee, who claimed aggressive action was needed now

Daily Mirror

Brits warned interest rates could top 2% next year to keep inflation under control

Michael Saunders, a member of the Bank’s rate-setting Monetary Policy Committee, claimed it was better to take aggressive action now than do too little, too late

The Independent UK

Interest rates could hit 2% or higher in the next year, says Bank policymaker

Outgoing Monetary Policy Committee member Michael Saunders said increases ‘still have some way to go’ in order to get inflation under control.

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Bangkok Post

BoT can't afford to hold interest rates

Like all countries in the world, the Bank of Thailand (and Monetary Policy Committee, or MPC) believes they can run monetary policy independently based on local economic conditions.

Bangkok Post

Bank of Thailand should urgently hike rates: Korn

The Bank of Thailand (BoT) should urgently hike interest rate to prevent a further spike in inflation and ease the burden on low-income groups already reeling from the rising cost of living, according to Korn Chatikavanij, a former finance minister.

Bangkok Post

How far should interest rate hikes go?

No doubt remains as to whether the Bank of Thailand will raise interest rates. The bank's governor has made it clear they must be raised to deter rising inflation, and that this must be done in a timely manner. Analysts have taken his speech as indicating a 25bp hike will…

Manchester Evening News

Interest rates soars to 13-year high as Bank of England warns energy bills will soon hit £2,800

It is a crippling cost of living crisis

The Independent UK

Bank hikes rates to 1% and warns cost crisis will send economy into reverse

Members of the Bank’s nine-strong Monetary Policy Committee voted 6-3 to increase rates from 0.75% to 1%, the highest level for 13 years.

The Hindu

Inevitable increase: On RBI’s interest rate hike

The RBI’s increase in interest rates was long overdue

Dynamite News

Business: RBI raises repo rate by 40 basis points to 4.40 pc with immediate effect

Reserve Bank of India (RBI) on Wednesday increased the policy repo rate by 40 basis points to 4.40 per cent with immediate effect. Read more on Dynamite News:

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Monetary Policy Committee

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