The Latest Breaking News from MPC

Despite the recent decline in oil and gas prices from their peaks, analysts remain bullish on the sector’s performance for the following year. Given this backdrop, it could be wise to buy fundamentally sound energy stocks Marathon Petroleum (MPC) and Adams Resources & Energy (AE), which look poised to soar.…

Egypt's central bank hiked overnight interest rates by 300 basis points on Thursday, warning that inflationary pressures were building, Reuters reported. The bank's Monetary Policy Committee (MPC) raised the deposit rate to 16.25% and its lending rate to 17.25%, it said in a statement. "The MPC judges that demand side…

Warnings that further interest rate rises are likely in the coming months to stabilise the economy

Latest Bank of England rise offers little hope to generation of homebuyers weaned on ultra-cheap mortgages

Thousands of London families were dealt a new cost of living blow on Thursday when the Bank of England ordered a 0.5 per cent rise in interest rates to a 14 year high of 3.5 per cent.

Majority of MPC rate-setters back hike of 0.5 percentage points despite fears UK is entering a long recession

Financial markets expect 0.5 percentage point increase as fears mount that UK is about to enter long recession

Economists predict 0.5 per cent rise despite inflation peak and sharp recession

Some praise UK’s most powerful non-elected official for mini-budget response while some say Bank of England governor is out of touch