Mortgages

Bank of England Governor Suggests Peak in Interest Rates Nearing Amid Stubborn Inflation

In Governor Andrew Bailey's recent statement, we see the Bank of England navigating a challenging economic terrain, striving to combat…

2 years ago

Rethinking the Role of Wage Growth in the UK’s Economic Recovery

Given the evolving economic landscape, the Bank of England's current emphasis on restraining wage growth warrants reconsideration. As inflation and…

2 years ago

Bank of England Set to Tackle Inflationary Pressures with Potential Interest Rate Hike

The Bank of England's potential interest rate hike reflects its commitment to tackling inflationary challenges and ensuring economic stability. As…

2 years ago

UK Banks Show Resilience Amid Rising Interest Rates, Offering Support to Struggling Households

The Bank of England's recent assessment provides reassurance that major UK banks are well-positioned to support struggling households amid rising…

2 years ago

Yield Curve Inversion Raises Concerns and Signals Economic Shifts

In a rare occurrence with potentially far-reaching consequences, the U.S. yield curve has experienced its deepest inversion since 1981. This…

2 years ago

U.S. Federal Reserve Unveils 2023 Bank Stress Test Results

In a testament to the strength of the U.S. banking sector, the Federal Reserve's unveiling of the 2023 bank stress…

2 years ago

Analysis: China’s mortgage boycott quietly regroups as construction idles

Two months since many Chinese homebuyers stopped repaying mortgages to protest stalled construction on their properties, a lack of progress…

3 years ago

Swedbank misses second quarter profit forecasts, maintains 2022 cost cap

Swedish lender Swedbank (SWEDa.ST) reported a smaller-than-expected net profit for the second quarter on Tuesday, as higher costs and lower trading gains…

3 years ago

Caixabank ups profitability target, unveils $1.9 billion share buyback

Caixabank (CABK.MC) raised its key profitability target for 2024 and announced a 1.8 billion euro ($1.88 billion) share buy-back programme, expecting higher…

4 years ago

Analysis: Battered bulls hope Fed pain in rearview mirror after Powell maps out hikes

Federal Reserve Chair Jerome Powell gave investors a glimmer of hope that the central bank is unlikely to become more…

4 years ago