interest Archives - Page 2 of 2 - International Finance

Getting closer to US interest rate hike

International Finance DeskSeptember 2, 2016

by International Finance DeskSeptember 2, 2016

Fed Chair says data is moving in the right direction and she is philosophically inclined to increase rates, but… Seth Roman September 02, 2016: The intention of the Federal Reserve Board to raise rates is clear, but it is still a question of when. In her annual speech at the Jackson Hole Summit in Wyoming,...

Economy

BOE keeps rates unchanged

International Finance DeskJuly 15, 2016

by International Finance DeskJuly 15, 2016

Move surprises many; however, cuts may take place in August IFM Correspondent July 15, 2016: In a move that has surprised many, Bank of England (BoE) has kept interest rates unchanged, despite widespread expectations that it was going to cut its benchmark rate in the wake of a June vote in the UK to leave...

Economy

Post-Brexit, BoE may cut interest rate

International Finance DeskJuly 11, 2016

by International Finance DeskJuly 11, 2016

Move aimed at boosting the economy IFM Correspondent July 11, 2016: In order to provide a fillip to the economy post-Brexit, the Bank of England (BoE) is expected to cut interest rates to new historic lows on Thursday. Though a slowdown post-Brexit was more or less predicted, the bank may decide to take some measures...

Banking

Measuring growth and spotting pitfalls in the UK mortgage market

International Finance DeskJanuary 13, 2016

by International Finance DeskJanuary 13, 2016

Lenders must address the mortgage retention challenge if they are to aim for a sustainable future Damian Young January 13, 2016: Despite the Bank of England’s most recent vote against a rise in interest rates, many financial analysts remain confident that we will see a rate rise over the early stages of 2016. This confidence...

Islamic Banking

Spike in interest rates could hamper Islamic finance

International Finance DeskNovember 26, 2014

by International Finance DeskNovember 26, 2014

Base rates are at record lows in Europe with the Bank of England having held its rate at 0.5% for five years now Tim Evershed November 26, 2014: A spike in European interest rates could pose a serious challenge to the growth of Islamic finance across the EU. Base rates of interest are at record...

Economy

Differences at Bank of England

International Finance DeskAugust 21, 2014

by International Finance DeskAugust 21, 2014

BoE governor has presided over his first split vote. However, the two members who voted for a rate rise are unlikely to be joined by others for a while yet. August 21, 2014: The minutes of the Bank of England monetary policy meeting on August 6-7 showed that the committee voted 7-2 in favour of keeping Bank...