United Kingdom

Saving And Loans News Headlines

Bank of England's Saunders edges towards rate rise

Bank of England policymaker Michael Saunders on Friday opened the possibility that he will soon join a minority calling for higher interest rates, predicting that both growth and inflation could well exceed the BoE's earlier forecasts.

Reflation trades of 2016 deflate with remarkable speed

Stocks, bond yields and the dollar are all falling, yield curves are flattening and sterling is marching higher. The "reflation" trades of 2016 that were supposed to mark a turning point in global markets are fading.