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The Federal Reserve has announced interest rates will remain at their historic lows until late 2014, which could pave the way for a further bout of quantitative easing.
Bank of England governor Mervyn King last night backed calls for limits on boardroom pay, in a speech in which he also said the UK's economic recovery would be "arduous" and hinted at a further round of quantitative easing.
The Bank of England’s Monetary Policy Committee (MPC) has held fire on its quantitative easing (QE) programme and kept interest rates at their historical low of 0.5%.
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LV= has further reduced interest rates on its lifetime and flexible lifetime mortgages.
The US Federal Reserve is to start publishing forecasts of where it expects interest rates to be in the future in an effort to strengthen the economic recovery.
Members of the Bank of England's Monetary Policy Committee (MPC) voted unanimously to hold rates at their historic low and maintain the quantitative easing (QE) programme at £275bn - but they indicated more QE could be on the way.
The Bank of England's Monetary Policy Committee has once again kept interest rates on hold at 0.5% and left QE unchanged at £275bn, but the European Central Bank has cut rates back to their historic low of 1%.
Nationals round-up: Terry Smith delivers on his promises, a comparison of equity release and downsizing and what the eurozone crisis means for your clients.
The Bank of England (BoE) has kept interest rates at the historic low of 0.5% for the 33rd straight month, and held fire on additional quantitative easing measures after pumping an extra £75bn into the facility last month.
The deputy governor of the Bank of England has revealed how the Monetary Policy Committee (MPC) nearly raised rates earlier this year, before the downturn hit markets.
Speculation is mounting the Bank of England may be close to cutting base rates to 0.25% and pumping at least £50bn more into the economy through quantitative easing.
Overall lending for house purchases hit its highest level in almost a year in July, according to the latest figures from the Council of Mortgage Lenders (CML).
The Bank of England has kept interest rates at their record low level of 0.5% following the latest meeting of the Monetary Policy Committee (MPC).
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