Fifty-year home loans would get more on ladder but come with risks

theguardian.com Analysis: longer mortgages would unlock the bind many renters find themselves in but could be expensiveA 50-year home loan might sound depressing to some, but perhaps not if the alternative is never being able to buy...

Nordic central banks join the 50 bps rate hike club

investing.com LONDON - Norway and Sweden have joined the ranks of central banks opting for 50 basis-point interest rate rises, delivering their biggest policy tightening moves in two decades. June saw the U.S. Federal Reserve...

UK manufacturing loses more steam in June -PMI

investing.com LONDON - British manufacturing lost more momentum in June than first estimated as new orders contracted at the fastest rate in two years, according to a survey that adds to signs of a stalling economy. The S&P...

Dollar Edges Higher, Lifted by Safe Haven Demand

investing.com By Peter Nurse Investing.com - The U.S. dollar edged higher in early European trade Friday, trading close to the highs of the year on safe-haven demand as central banks take on inflation at the expense of economic...

The signs are that Britain isn’t heading for a property crash

theguardian.com It would be naive to rule out the possibility, but the evidence points to house prices dampening rather than tumblingNationwide says UK property prices have slowed for the third consecutive month and most recently...

U.K. economy teetering on edge of recession, says Goldman Sachs

marketwatch.com The U.K. is teetering on the edge of recession, say economists at Goldman Sachs, as inflation-battered Britons curtail spending and the Bank of England raises interest rates.

Column-Fed's inflation target ambiguity risks market misstep: McGeever

investing.com By Jamie McGeever ORLANDO, Fla. - It may just boil down to semantics, and in good times when inflation is low it's not an issue at all. But the Fed has a communication problem. Inflation's surge to the highest level...

Stocks sink on fears for global economy, capping worst H1 on record

reddit.com Stocks sink on fears for global economy, capping worst H1 on record. Investors fret that latest show of central bank determination to tame inflation will slow economies rapidly. Central bank chiefs from the U.S....

Dow Futures Down 355 Pts; Growth Concerns Weigh Heavily

investing.com By Peter Nurse Investing.com -- U.S. stocks are seen opening sharply lower Thursday, with the quarter on course to end on a gloomy note as investors fret that aggressive rate hikes to curb red-hot inflation will...

Shares in U.K. Homebuilders Fall as British House Price Growth Eases

investing.com By Scott Kanowsky Investing.com -- Shares in British homebuilders sank on Thursday, following fresh data that suggested a downturn may be looming for the U.K. housing market. Annual growth of house prices in Britain...

UK consumer activity slowed in mid-June

investing.com LONDON - British consumer activity slowed in mid-June, with fewer visits to restaurants, less usage of public transport and a slight fall in credit and debit card spending, data collated by the Office for National...

Sweden’s central bank raises interest rate to hit inflation

apnews.com COPENHAGEN, Denmark (AP) — Sweden’s central bank raised a key interest rate by half a percentage point Thursday to combat rapidly rising inflation and price increases that are spreading through the economy.Riksbanken...

UK will face worse inflation than other major economies, says Bank governor

theguardian.com Andrew Bailey said inflation would persist for longer than previously expected as petrol prices soar Britons should expect to suffer a more severe bout of inflation than other major economies during the current...

Global central bank chiefs say they must prioritize inflation fight over growth

investing.com By Balazs Koranyi SINTRA, Portugal - Bringing down high inflation around the world will be painful and could even crash growth but must be done quickly to prevent rapid price growth from becoming entrenched, the...

New Bank of England Policymaker Prefers Gradual Approach to Interest Rate Rises

bloomberg.com New Bank of England Policymaker Prefers Gradual Approach to Interest Rate Rises  Bloomberg