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The Latest Breaking News from MPC

1 Energy Stock You'll Be Glad You Bought in 2023

After stellar fourth-quarter results, Valero Energy (VLO) is set to continue its momentum amid rising energy demand from Asia and Europe. Read on….

StockNews.com

3 Stocks That Are Ready to Explode Higher in 2023

Cooling inflation and a tight labor market have raised optimism that the economy might avoid a recession. As the global economic outlook turns optimistic, it could be wise to add quality stocks with solid fundamentals, Marathon Petroleum (MPC), HF Sinclair (DINO), and Overseas Shipholding (OSG), which look well-positioned to soar…

StockNews.com

The Bank of England's deputy agent for Wales Ian Derrick on the outlook for inflation

He says stable inflation is vital so that money holds its value and people and businesses are able to plan for the future.

Birmingham Post

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The energy sapping struggle to bring inflation under control

MPC rate setter warns that another rise is “likely” at their next meeting

Evening Standard

Bank of England could be forced to raise interest rates again, says policymaker

Inflation could become entrenched as Covid, energy shock and Brexit hit economy, says Catherine Mann

The Guardian - UK

Martin Lewis gives verdict on interest rate rise and what it means for mortgage holders

Money Saving Expert founder has shared his advice after Bank of England hiked rates to 4%

The Independent UK

New Bank of England interest rates rise impact on future mortgage payments and soaring inflation

The base rate increased from 3.5% to 4% to help bring double-digit inflation under control.

Daily Record

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Bank raises rates to 4% – recession to be shorter and shallower

In a move in line with City forecasts, the Bank of England has raised interest rates by 50 basis points to 4 per cent, the highest level since October 2008.

Evening Standard

Martin Lewis gives verdict on interest rate rise and what it means for mortgage holders

Money Saving Expert founder has shared his advice after Bank of England hiked rates to 4%

The Independent UK

Interest rates rise again but Bank of England hints at a brighter future

Threadneedle Street is still expecting a recession but it is likely to be a mild one by UK standards

The Guardian - UK

Bank of England hikes interest rates to 4% but expects shallower recession

Decision makers on the Bank’s Monetary Policy Committee (MPC) opted to hike the base rate from 3.5% to 4%.

The Independent UK

The Bank of England has raised interest rates to 4%

It means mortgages and other debt will become more expensive for millions of people

Wales Online

Bank of England pushes interest rates up to 4%

Central bank says the UK is still headed for a recession, but it could be shallower and shorter than previously expected

Insider UK

Interest rates rise to 4% as Bank of England prepares for 'shallow' recession

Monetary Policy Committee says inflation may have peaked in the UK

Birmingham Post

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news in one place.

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The Independent UK

Bank of England poised for big rate hike to tame inflation

The Bank of England is expected to raise interest rates by as much as half a percentage point

The Guardian - UK

Weaker economy, higher inflation: Bank of England’s dilemma

Differing experts have urged the Monetary Policy Committee to both cut interest rates and to raise them

The Independent UK

Interest rates set to rise again as Bank of England braces for ‘shallow’ recession

Decision on Thursday would be the 10th time in a row that policymakers have opted for an increase

Evening Standard

Homeowners and housing market on watch for signs of peak rates into Bank of England hike

Monetary Policy Committee set to lift base rates at high noon on Thursday

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news in one place.

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The Independent UK

Bank of England expected to raise interest rates for 10th time running

Decision would pile more pressure on already-strained borrowers

The Guardian - UK

Bank of England poised to raise interest rates for 10th time in a row

Policymakers face balancing act between driving inflation down and risk of deepening economic slump

Wales Online

Families set for another hit as interest rates predicted to jump by further 0.5%

While it's potentially good news for savers, people on variable mortgages will need to find even more cash

Bangkok Post

BBL follows BoT, raises lending, savings rates

Bangkok Bank (BBL), the country's largest lender by total assets, announced yesterday a new round of hikes for both lending and savings rates, effective yesterday, in line with the Bank of Thailand's policy rate increase on Wednesday.

StockNews.com

The No. 1 Energy Stock to Buy for 2023

Oil & Gas company Marathon Petroleum’s (MPC) impressive third-quarter results added to its stellar track record. With supplies constrained amid rising energy demand from Asia and Europe, the fundamentally strong company seems well-positioned to capitalize on opportunities to keep filling the gap and deliver impressive returns on investment. Read on….

Wales Online

Cash-strapped families warned interest rates likely to rise again next week

The Bank of England will announce its decision on Thursday

Bangkok Post

Government banks unveil higher loan interest levels

State-run banks have begun to raise loan interest rates for the first time in years, in line with the Bank of Thailand's policy rate hike on Wednesday.

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