Bank of England rate-setter Ramsden ‘more confident’ inflation pressures receding UK Economy Dave Ramsden, one of the nine Monetary Policy Committee (MPC) members, told an audience in Washington that he was now "more confident" that inflationary pressures were receding.
A sign of the times: Pawnbroker Ramsdens cheers ‘milestone’ year as cash-strapped Brits flog valuables Sign of the times Pawnbroker Ramsdens recorded ‘milestone’ full year profits as it was helped by Brits flogging their goods amid the cost of living crisis.
Bank of England watchers eye Pill and Ramsden speeches week ahead Bank of England watchers are in for a bumper week as several top rate setters provide hints on the trajectory of UK monetary policy after last week they said the economy is on course for the longest recession on record. Despite the bleak projections by the Bank, London’s FTSE 100 fared well last week, climbing [...]
Bank’s Ramsden: ‘More evidence’ needed that inflation has been tamed before rates can go down February 27, 2024 Markets expect the Bank of England to start cutting interest rates in the summer, with three cuts priced in for 2024.
Don’t rule out even more rate rises, Bank of England’s Ramsden warns August 9, 2022 The Bank of England will have to build on the biggest rate rise in nearly 30 years to sweep inflation out of the UK, a senior official at the monetary authority said today. Dave Ramsden, deputy governor at the Bank, told Reuters “it’s more likely than not that we will have to raise Bank Rate [...]
FTSE 100 today: London markets poised for red start as Middle East tensions escalate; investors await more details on the crisis April 19, 2024 Middle East tensions rattled markets in the Asian session following ABC News reports of Israeli missile strikes in Iran. Oil and gold prices surged while bitcoin dropped below $60,000. However, an Iranian official denies the missile attack reports, adding to the uncertainty. Market focus now shifts to UK retail sales data and speeches by Bank of England officials Ramsden and Breeden.
Dentons accused of anti-money laundering failures when representing a ‘politically exposed’ client March 4, 2024 The largest law firm in the world, Dentons, is defending itself against allegations from the legal regulator that it breached anti-money laundering regulations when acting for a client. Starting on Monday, the law firm was at the Solicitors Disciplinary Tribunal (SDT) over allegations that the law firm failed when acting for a politically exposed person [...]
Hawkish Bank officials warn hot labour market means ‘higher rates for longer’ November 28, 2023 Markets think that the Bank will start to unwind its historic run of interest rate rises next summer.
Bank of England holds interest rates again but June cut on the cards May 9, 2024 The Bank of England voted to hold interest rates at 5.25 per cent.
Banks divided: Interest rate decision sparks debate over timing – June or August? May 10, 2024 Investment banks are divided on when the Bank of England (BoE) may execute its initial rate cut.