Bank of England Raises Rates by Half a Point to Curb Inflation
The central bank moderated the pace of increases while Britain braces for a prolonged recession.
Posted inBank of England Bankman-Fried, Sam Blind (Teamblind Inc) Chappelle, Dave Dorsey, Jack Ellison, Caroline (1994- ) European Central Bank Federal Reserve System Juul Labs Inc Kwon, Do London Stock Exchange Musk, Elon Powell, Jerome H Social Media Twitter
Elon Musk Takes a Shot at Dr. Anthony Fauci on Twitter
The Twitter owner has taken shots at targets like Dr. Anthony Fauci, the nation’s chief immunologist, in moves that may appeal to the right, but not advertisers.
Posted inBank of England Economic Conditions and Trends Inflation (Economics) Interest Rates Mortgages Real Estate and Housing (Residential)
A New Source of Economic Anxiety in Britain: Soaring Mortgage Rates
After more than a decade of ultralow interest rates, millions of British households suddenly face large jumps in their monthly payments, rocking the nation’s already weak economy.
Posted inBank of England Economic Conditions and Trends Great Britain Inflation (Economics) Interest Rates Prices (Fares, Fees and Rates) Recession and Depression
Inflation in Britain Reaches 11.1 Percent, Led by Energy Costs
Prices in October rose at the fastest rate in more than 40 years, deepening the country’s cost-of-living crisis.