US consumer confidence drops; UK interest rates to fall ‘gradually’; stocks hit record high after China’s stimulus blitz – as it happened

3 months ago 31

Rolling coverage of the latest economic and financial news Bank of England’s Bailey says he expects interest rates to fall ‘gradually’ UK mortgage rates continue to fall, even though the BoE left Bank rate on hold last week. Data provider Moneyfacts has reported that the average 2-year fixed residential mortgage rate today is 5.43%, down from 5.45% yesterday Continue reading...


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