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Why Interest Rate Cuts Won’t Fix a Global Housing Affordability Crisis

Bank of England Banking and Financial Institutions Building (Construction) European Central Bank Federal Reserve System Interest Rates Mortgages Real Estate and Housing (Residential)

Why Interest Rate Cuts Won’t Fix a Global Housing Affordability Crisis

Central bankers are lowering borrowing costs, but that won’t be a cure-all for a widespread lack of affordable housing.

By Jeanna Smialek

U.K. Economy Buoyed by Reports on Growth, Inflation and Jobs

Bank of England Economic Conditions and Trends Great Britain Inflation (Economics) Interest Rates Labor and Jobs Recession and Depression Wages and Salaries

U.K. Economy Buoyed by Reports on Growth, Inflation and Jobs

After ending last year in a recession, Britain’s economy has so far bounced back this year.

By Eshe Nelson

Bank of England Cuts Interest Rates for First Time Since 2020

Bailey, Andrew (1959- ) Bank of England Inflation (Economics) Interest Rates

Bank of England Cuts Interest Rates for First Time Since 2020

Central bank policymakers lowered rates to 5 percent amid lower inflation in Britain, but they warned that future rate cuts would come slowly.

By Eshe Nelson

U.K. Inflation Steady as Economists Puzzle Over ‘Taylor Swift Effects’

Bank of England Economic Conditions and Trends Inflation (Economics) Interest Rates Prices (Fares, Fees and Rates) Wages and Salaries

U.K. Inflation Steady as Economists Puzzle Over ‘Taylor Swift Effects’

Consumer prices rose 2 percent in June from a year earlier, a bit higher than economists expected, with a big jump in hotel prices coinciding with a blockbuster series of concerts.

By Eshe Nelson