Bank of England will raise interest rates again, says chief economist Huw Pill says there is ‘still more to do’ on tackling inflation despite risks of prolonged recession The Guardian - UK · Nov 8, 2022
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 · Nov 3, 2022
Britain facing ‘prolonged pain’ as Bank says recession could stretch into 2024 OLD ‘Everyone will be affected’: Hike in housing costs and increased inflation to hit hard The Independent UK · Nov 3, 2022
BoE: Britain faces two-year recession LONDON: The Bank of England raised interest rates to 3% on Thursday from 2.25%, its biggest rate rise since 1989, but it pushed back against expectations for further steep hikes, saying Britain faces a painful recession that could last two years. Bangkok Post · Nov 3, 2022
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 · Nov 3, 2022
UK is heading for longest recession in a century, Bank of England warns The Bank of England issued a gloomy warning about the future of the British economy as it hiked interest rates to 3%, the biggest single rate rise in three decades Daily Mirror · Nov 3, 2022
Bank of England signals interest rates probably won’t go much higher Central bank felt the need to massage down interest rate expectations amid fears over impact on UK economy The Guardian - UK · Nov 3, 2022
Bank of England confirms biggest interest rate hike since 1980s The UK could be facing the longest period of recession since reliable records began The Independent UK · Nov 3, 2022
Interest rates likely to jump as markets await Bank of England decision Analysts believe a 0.75 percentage point rise is likely, potentially the biggest hike in the base rate since 1989 The Guardian - UK · Nov 3, 2022
RBI to hold special MPC meet on November 3 on preparing inflation report MUMBAI: The Reserve Bank has called a special meeting of the Monetary Policy Committee (MPC) on November 3 to prepare a report on its failure to keep retail inflation below 6 per cent for three consecutive quarters. The Times of India · Oct 27, 2022
These Growth Stocks Could Make You Rich Over the Next 5 Years The stock market has been under immense pressure this year amid the skyrocketing inflation and the Fed’s aggressive stance to control it. However, stocks have witnessed a relief rally this month. Irrespective of the market conditions, we believe investing in quality growth stocks Marathon Petroleum (MPC), Forrester Research (FORR), and… StockNews.com · Oct 26, 2022
Sunak dismantles remainder of Truss legacy on first full day in office Prime minister abandons fracking and refuses to guarantee pensions triple lock or defence spending rise The Guardian - UK · Oct 26, 2022
3 Top Energy Stocks to Get Bullish on Fast The OPEC+ oil output cuts amid rising global demand might increase oil prices. And given significant investors’ attention in the energy sector this year, we believe investing in Marathon Petroleum (MPC), Valero Energy (VLO), and APA Corporation (APA) could garner steady returns. Read on. StockNews.com · Oct 26, 2022
Bank of England left in the dark ahead of new interest rate decision With fiscal statement deferred and mixed government messaging on tax and spending the BoE has little to go on The Guardian - UK · Oct 26, 2022
Motorsport · Oct 26, 2022 Schumacher, Slade for Bathurst GT tilt Supercars driver Tim Slade will team up with Brad Schumacher in an Audi for the three-hour GT race at the Bathurst International next month.
The Guardian - UK · Oct 19, 2022 Bank of England officials were excluded from mini-budget discussions Deputy governor Sir Jon Cunliffe says Bank did not have usual briefing the night before mini-budget
The Independent UK · Oct 18, 2022 Bank of England pushes back start of gilt sale to November 1 It came after the central bank earlier denied a postponement of plans to start selling government bonds.
The Guardian - UK · Oct 18, 2022 Bank to start selling £80bn of UK government bonds from next month Start date put back by a day to avoid clash with chancellor’s announcement of debt-cutting plan
The Guardian - UK · Oct 17, 2022 Who are the economic experts appointed to Jeremy Hunt’s new advisory panel? Four advisers, including George Osborne’s ex-chief of staff, named, with chancellor seeking to repair damage from mini-budget
The Times of India · Oct 14, 2022 RBI policymakers divided on future path of rates, meeting minutes show MUMBAI: The Reserve Bank of India's (RBI) monetary policy committee may lean more on data in deciding the key interest rate going ahead even as policymakers appeared divided on the future path of rate hikes, minutes of its September meeting suggested on Friday.
The Times of India · Oct 14, 2022 India to be among fastest growing economies despite global challenges: RBI governor MUMBAI: India is expected to be among the fastest growing major economies this fiscal, geopolitical turbulence notwithstanding, RBI governor Shaktikanta Das opined at last month's meeting of the rate setting panel MPC while going with the majority to raise the repo rate by 50 basis points to tame inflation.
StockNews.com · Oct 13, 2022 5 Energy Stocks You Should Continue to Buy Right Now OPEC+ members recently announced their plan to cut output to support oil prices. With analysts expecting oil prices to hit the $100 mark once again, we think investors should load up on quality energy stocks TotalEnergies (TTE), Marathon Petroleum (MPC), Valero Energy (VLO), Energy Transfer (ET), and APA Corporation (APA).…
StockNews.com · Oct 12, 2022 3 Oil and Gas Stocks to Watch for Gains in October OPEC+ has announced a deep output cut from November, which should bolster prices. Moreover, analysts expect oil prices could reach the $125 mark in the near term amid supply cuts. Given this backdrop, we think investing in sound oil and gas stocks Marathon Petroleum (MPC), Valero Energy (VLO), and PBF…
The Times of India · Oct 12, 2022 RBI to tell government why it failed to check inflation since January NEW DELHI: With inflation staying above the upper tolerance limit for nine straight months, the Reserve Bank will now have to submit a report to the central government detailing reasons for the failure to contain prices and remedial steps to rein in the price rise.
StockNews.com · Oct 7, 2022 1 Popular Energy Stock Hedge Funds Keep Buying Leading oil & gas company Marathon Petroleum (MPC) reported solid second-quarter financials. Moreover, analysts seem bullish about the company’s growth prospects, considering its strategic business advancements and sustained energy demand. And given MPC’s high profitability and high-yield dividend, this energy stock that hedge funds keep buying could be worth your…