Global markets rise after Fed rate cut
Traders optimistic after the US Federal Reserve chairman Jay Powell signalled a series of cuts are likely to follow
Bank of England
Bank of England holds interest rates at 5%
UK central bank also confirms plan to sell down its government bond holdings at current rate of £100bn a year
Just think what might have happened if Hitler’s money had fallen from the heavens in 1943
In this edited extract from his new book, Irish Times columnist David McWilliams explains that the story of money is the story of humanity itself
How Revolut won the banking licence that would unlock its growth
Securing a UK licence was seen as key in the fintech’s pursuit of a €41bn market valuation and to compete against more established traditional banks
UK inflation rises less than expected as services cool
Data may open the way for Bank of England to cut interest rates further
Markets hit a wall amid fears of US economic slowdown
Financials and tech stocks worst hit as indices show a sea of red
European equities retreat as bank stocks tumble
Iseq index down almost 1.8% as AIB and Bank of Ireland slip after PTSB’s strong results
Bank of England cuts rates for first time since 2020
Headline rate cut by a quarter of a percentage point to 5% but governor dampens expectation for rapid series of cuts
Federal Reserve expected to keep interest rates steady but to tee up September cut
US central bank set to acknowledge that easing inflation and softening jobs market justify policy pivot
How many times does Ireland have to be warned about shadow banking?
The tentacles of shadow banking extend into the Irish economy in many ways yet we remain complacent
European shares rise after Swiss rate cut and mounting talk of Bank of England move
Iseq All-Share index dipped 0.4 per cent to 9,545.64, with heavyweights Kerry and Ryanair declining
UK inflation falls to 2 per cent target for first time in three years
Slowdown in price growth has allowed Rishi Sunak to declare victory over cost-of-living squeeze but is unlikely to aid Conservative Party in July election
AI chip giant Nvidia leapfrogs Microsoft and Apple as most valuable listed company
Banks were in focus on Dublin market as it was confirmed that euro zone inflation ticked up to 2.6 per cent in May
European shares gain as easing US data fuels rate-cut talk
European automakers such Volkswagen and BMW slipped around 1 per cent after European Commission said it would impose duties on imported Chinese electric vehicles
Bank of England holds rates at 5.25% but signals summer cut
Inflation has fallen but remains above 2% target
What we must still learn about the great inflation disaster
Past and present policymakers should ask more searching questions about the causes and impact of the price surge
Central Bank improves resilience of Irish-listed UK funds that sparked crisis in 2022
The funds at the centre of the move are called liability-driven investment funds. While they are typically managed from London, many of them are listed in Dublin and Luxembourg
‘Why me?’: Liz Truss shares reaction to death of queen on her second day as PM in new book
Former UK prime minister’s new memoir shows she is isn’t backing down despite being blamed for almost collapsing the British economy
UK economy grew by 0.1% in February
FTSE 100 on track for record high after figures raise hopes of exit from technical recession
Bank of England keeps interest rate at 5.25%
However, governor Andrew Bailey has said Britain’s economy is “moving in the right direction” to start cutting rates
Switzerland makes surprise interest rate cut
The usually conservative central bank had been expected to keep rates on hold and wait at least another three months before move
UK economy returns to modest growth at start of 2024
Too early for certainty on whether the economy is no longer in recession
UK retail sales get biggest boost in three years
Signs of upturn leaves Bank of England wary of premature cut in interest rates
Sticky inflation narrative back in play
Underwhelming US price data dampens speculation of early cut in interest rates
Financial markets in ‘no man’s land’ as they await rate moves
Middle-ground speculation is for ECB rate cuts to begin in June
Bank of England says rates ‘under review’ as UK inflation to dip below 2%
Bank’s monetary policy committee split three ways on where next for rates
If people are buying with their cards, why do they still want to keep cash?
We have steadily been moving to online shopping and digital payments, but cash continues to circulate widely
UK inflation falls to 3.9% in November
Bigger than expected drop sparks slide in sterling as traders reinforce bets on Bank of England interest rate cuts
Central banks prepare to rebuff investors over path of interest rates
US Fed, ECB and BoE meet this week as strong labour data suggests policy pivot unlikely
World markets down as boost from inflation data fades
Iseq fails to match peers as few stocks shine on the day
City of London seeks to redefine itself as dining destination
New Wolseley restaurant comes as Square Mile aims to become leisure hotspot after drop in worker footfall
Bank of England keep rates at 15-year high, rules out quick cuts to help economy
‘Much too early to be thinking about rate cuts,’ Governor Andrew Bailey warns
UK inflation rate unexpectedly holds at 6.7% in September
Data piles pressure on Bank of England to hike interest rates yet again
Metro Bank chair meets UK financial watchdogs as shares plummet
UK challenger bank in talks with investors over raising £600m to shore up balance sheet
Time to boost retail access to gilts
Surging demand highlights wealthier investors’ unfair tax advantage
UK facing higher inflation as wage growth surges at record pace
Markets price in further interest rate rise after data show private sector pay rose 8.2% in three months to June
Bank of England hikes interest rates to fresh 15-year high
Central bank gives little indication UK interest rates near their peak as yet
Bank of England expected to raise interest rates to 15-year high to fight inflation
UK’s central bank is likely to raise interest rates to 5.25 per cent from 5 per cent as monetary tightening continues
Stealth tax scandal of central bank digital currency
We are missing an opportunity to level the monetary playing field in the interests of all citizens
European central banks could speed up bond sales, economists claim
Vast bond portfolios bought via quantitative easing under scrutiny
Euro-zone underlying inflation figure for June revised upwards
Revision cements expected ECB rate hike next week
Interest rate rises drive biggest postwar decline in UK household wealth
Tighter monetary policy could have benefits for younger people, says think tank
Ireland and Luxembourg step up calls for tougher shadow banking rules
Top EU fund centres want a comprehensive global approach to reining in a sector that increasingly dominates finance
European shares dip on interest rate worries
Bank shares edge backwards while Glanbia and Irish Continental rise
UK rates surprise revives recession fears as equities slide
Bank of England raised rates by heftier-than-expected 50 basis points on Thursday
Bank of England shocks with half a percentage point rate hike to combat stubborn inflation
Bank of England watchers had expected a quarter point increase
European shares fall after Fed’s hawkish signals on interest rates
Wall Street stocks also decline after comments by Federal Reserve chairman Jerome Powell
UK core inflation surges to three-decade high
Headline inflation rate down by less than expected, fueling expectations of more rate hikes
Bank of England raises rates to 4.5% as inflation remains stubbornly high
Borrowing costs now at highest since 2008
Markets little changed as US inflation data holds few surprises
US consumer price index comes in marginally below expectations, with core prices as expected
Central banks load up on gold in response to rising geopolitical tensions
Reserve managers’ purchases rose 152 per cent last year and they expect to keep buying
UK inflation sticks above 10%, with prospect of more rate hikes
Economists had expected a slowdown to 9.8%
The price of a mistake by the ECB in raising rates would be high
Cliff Taylor: Communication to the market from central banks and governments is now vital, as are actions to deal with any problems that emerge
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