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The Latest Breaking News from MPC

Economists warn on stagflation but conflicted on future rates rises

Experts are predicting further rates rises but warn it will be difficult for the Bank of England to control inflation without risking recession.

The Independent UK

Interest rates soars to 13-year high as Bank of England warns energy bills will soon hit £2,800

It is a crippling cost of living crisis

Manchester Evening News

Bank of England warns energy bills will hit £2,800 and inflation will surge to 10%

The cost of living will hit a record high this year, the Bank of England is warning, with inflation due to hit 10% and the price of energy bills and food likely to keep rising

Daily Mirror

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Bank of England raises interest rate to 1% - a 13-year high

The change will mean higher mortgage costs and increased charges for anyone in debt or who is borrowing

Wales Online

Bank of England raises interest rates as it warns of recession and 10% inflation

Rise to 1% is fourth successive increase and highest level since February 2009

The Guardian - UK

Bank of England expected to raise interest rates to 13-year high

Economists predict minimum 0.25 point rise as households contend with cost of living crisis

The Guardian - UK

Mortgage borrowers face squeeze on living costs as Bank of England poised to raise rates

Bank of England expected to raise base rate to highest level in 13 years as walks ‘very fine line’ between cooling inflation and avoiding recession

The Independent UK

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Independence day: why Gordon Brown gave the Bank the right to set interest rates

Analysis: New Labour’s chancellor revealed his plan to a surprised Eddie George and his private secretary, now governor, Andrew Bailey

The Guardian - UK

Business: RBI raises repo rate by 40 basis points to 4.40 pc with immediate effect

Reserve Bank of India (RBI) on Wednesday increased the policy repo rate by 40 basis points to 4.40 per cent with immediate effect. Read more on Dynamite News:

Dynamite News

Recap: Marathon Petroleum Q1 Earnings

Marathon Petroleum (NYSE:MPC) reported its Q1 earnings results on Tuesday, May 3, 2022 at 06:05 AM. Here's what investors need to know about the announcement.

Benzinga

How the Bank of England base rate rise will affect you as inflation predicted to rise to highest level

Will the Bank of England rate change affect you?

Manchester Evening News

If You Invested $100 In Marathon Petroleum 10 Years Ago, Here's How Much You Would Have Today

Marathon Petroleum (NYSE:MPC) has outperformed the market over the past 10 years by 4.82% on an annualized basis producing an average annual return of 16.49%. Currently, Marathon Petroleum has a market capitalization of $49.56 billion.

Benzinga

Marathon Petroleum's Earnings Outlook

Marathon Petroleum (NYSE:MPC) is set to give its latest quarterly earnings report on Tuesday, 2022-05-03. Here's what investors need to know before the announcement. Analysts estimate that Marathon Petroleum will report an earnings per share (EPS) of $1.11.

Benzinga

Bank of England ‘duty bound’ to trigger recession to curb inflation

Ex-official says policymakers must shrink the UK economy to limit upward pressure on prices made worse by Brexit

The Guardian - UK

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StockNews.com

2 Stocks to Buy as Gasoline Prices Keep Rising into the Summer

Despite declining oil prices and increased productivity, gas stations have managed to keep gas prices high--as is traditional. Furthermore, because seasonal gasoline demand is estimated to soar, we think it could be wise to bet on quality oil & gas industry stocks Marathon Petroleum (MPC) and Valero Energy (VLO). Let’s…

The Guardian - UK

Bank of England policymaker says rates could rise again in May

Catherine Mann argues that soaring energy and food prices will persist even if consumer demand weakens

Benzinga

Expert Ratings for Marathon Petroleum

Within the last quarter, Marathon Petroleum (NYSE:MPC) has observed the following analyst ratings:

Benzinga

Here's How Much You Would Have Made Owning Marathon Petroleum Stock In The Last 10 Years

Marathon Petroleum (NYSE:MPC) has outperformed the market over the past 10 years by 3.81% on an annualized basis producing an average annual return of 16.25%. Currently, Marathon Petroleum has a market capitalization of $50.67 billion.

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news in one place.

100’s of premium titles.
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Motorsport

Bathurst TCR crash forces car switch

Jay Hanson has been forced into a spare Audi chassis after crashing his regular car during TCR Australia practice at Mount Panorama.

Benzinga

Looking Into Marathon Petroleum's Return On Capital Employed

According to Benzinga Pro, during Q4, Marathon Petroleum (NYSE:MPC) earned $1.10 billion, a 7.28% increase from the preceding quarter. Marathon Petroleum also posted a total of $35.61 billion in sales, a 9.18% increase since Q3.

The Hindu

Belated pivot: On RBI, inflation and sustainable growth

Without curbing inflation, the RBI will not be able to promote sustainable growth

Benzinga

This Is What Whales Are Betting On Marathon Petroleum

A whale with a lot of money to spend has taken a noticeably bearish stance on Marathon Petroleum. Looking at options history for Marathon Petroleum (NYSE:MPC) we detected 15 strange trades.

Dynamite News

Repo and reverse repo rates unchanged for now: RBI

Reserve Bank of India's (RBI) Monetary Policy Committee on Friday voted to keep the benchmark repo and reverse repo rates unchanged for the 11th time in a row. Read details on Dynamite News

Al Jazeera

Has India’s central bank avoided tackling high inflation?

As the RBI focuses on managing Indian government’s debt & propping up growth, inflation soars.

Al Jazeera

Indian government helps central bank to circumvent inflation law

India’s finance ministry let RBI escape accountability for missing the inflation target in 2020.

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