CBI demands an end to rate rises as growth cools
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The Bank of England should leave interest rates on hold until next year to give consumers a breathing space in the run-up to the crucial Christmas trading period, the CBI said yesterday.
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China's central bank on Thursday raised interest rates for the first time in nearly a decade, signaling deepening unease with the breakneck pace of development and an intent to reign in a construction boom now sowing fears of runaway inflation.
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A DOVISH inflation report from the Bank of England yesterday further fuelled talk that interest rates have now peaked amid concerns from the central bank that a decline in house prices might be sharper than expected.
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The rate of house price growth more than halved in June in the face of higher interest rates, a report claims.
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China's central bank sought on Friday  to soothe concerns over its first interest rate hike in nearly  a decade, saying it will not have a big impact on the economy  or the pegged yuan currency.
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Interest rates are on the way up but borrowers who have been biting their nails in anticipation of a rise can rest easy - until after the federal election, at least, when the sharemarket is also likely to move higher.
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China's central bank sought on Friday to soothe concerns over its first interest rate hike in nearly a decade, saying it will not have a big impact on the economy or the pegged yuan currency.
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China sought Friday to soothe concerns  over a surprise interest rate rise, its first in nearly a  decade and one which is expected to kick off a series of  increases to cool growth in the world's seventh-biggest  economy.
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BASEL, Switzerland  - Central banks around the world should raise interest rates further to curb inflation pressures, the Bank for International Settlements said on Sunday.
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The International Monetary Fund warns that rising interest rates in some of the world's biggest economies may slow global house price growth.
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The leading share index fell Thursday amid investor worries about further hikes in interest rates after the Bank of England (BoE) raised its main borrowing rate to 5.75 percent.
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The CBI accused Gordon Brown of being &quot;too optimistic&quot; over the health of the economy yesterday, as the employer&#39;s organisation downgraded its own forecast for GDP growth next year.
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Business & money: Northern Rock monitoring criticised by CBI boss.
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Business & money: Bank could step in to tackle fresh inflation fears.
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India's central bank raises its main interest rate to a near four-year high in an attempt to curb inflation.
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There was no discussion by Bank of England policymakers at their last meeting of any further rises in interest rates beyond the unanimously agreed quarter-point rise, boosting expectations that ...
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A pick-up in prices will complicate efforts by the Central Bank as it tries to stave off a slowdown in economic growth.