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The Latest Breaking News from MPC

TS residential welfare students perform well

TSWREIS registered 93.23% average pass percentage in second year Intermediate as against State average 68.68 %

The Hindu

BoT predicts global recession evaded

The Bank of Thailand estimates the global economy will slow down next year, but not dip into recession amid attempts by central banks worldwide to contain higher inflation rates.

Bangkok Post

KBank foresees weaker baht over next 2 months

Kasikornbank (KBank) expects the baht to bottom out in the next two months, depending mainly on the US Federal Reserve's benchmark interest rate hike.

Bangkok Post

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Gradual hike in policy rate to limit side effects: BoT minutes

The Bank of Thailand's (BoT) rate committee held its key interest rate steady earlier this month, but noted that gradual hikes would allow the economy to adjust smoothly and limit negative side effects, minutes of the meeting showed on Wednesday.

Bangkok Post

Arkhom recommends gradual rate hikes

Finance Minister Arkhom Termpittayapaisith asked the Bank of Thailand to discuss with commercial banks whether they can raise their interest rates on a gradual basis in the event the central bank decides to raise its policy rate.

Bangkok Post

Bank policymaker calls for faster rate rises to prevent weak pound fuelling inflation

Catherine Mann says Bank of England’s MPC is in danger of falling behind rival central banks

The Guardian - UK

Heathrow asks airlines to cancel 10% of flights, as easyJet cuts summer schedule – as it happened

UK travel chaos deepens

The Guardian - UK

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Marathon Petroleum Whale Trades Spotted

A whale with a lot of money to spend has taken a noticeably bullish stance on Marathon Petroleum. Looking at options history for Marathon Petroleum (NYSE:MPC) we detected 56 strange trades.

Benzinga

Bank of England ready to take ‘forceful’ action on inflation, says chief economist

Central bank on high alert to raise interest rates more aggressively if needed, says Huw Pill

The Guardian - UK

Analysis: A banquet of bad news from the Bank of England - but let’s stay hopeful on jobs

Bank of England says it will “act forcefully” to put the brake on inflation

Evening Standard

Bank of England hikes interest rates to 1.25%

Central bank warns that prices for households might increase even further than previously thought

Insider UK

Bank of England hikes interest rates to highest level since 2009

THE Bank of England has raised its interest base rate to the highest point since the start of 2009 as the cost of living continues to soar.

The National (Scotland)

Bank of England raises interest rates to 1.25%

Bank warns of inflation rising to 11% after split vote to lift rate, for fifth time in a row, by 0.25 points

The Guardian - UK

Bank of England says inflation will hit 11% after raising interest rates to 13-year high – as it happened

UK central bank has raised interest rates to 1.25%, warned inflation will exceed 11% in autumn, and cut growth forecast for this quarter

The Guardian - UK

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news in one place.

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Bangkok Post

How far should interest rate hikes go?

No doubt remains as to whether the Bank of Thailand will raise interest rates. The bank's governor has made it clear they must be raised to deter rising inflation, and that this must be done in a timely manner. Analysts have taken his speech as indicating a 25bp hike will…

Evening Standard

Bank of England poised for interest rate rise as it fights inflation

Decision on Thursday at 12pm

Bangkok Post

Tourism key to recovery

Tourism will be the key engine supporting Thailand's economic recovery, replacing the slowing export sector, says the Economic Intelligence Center (EIC), a research house under Siam Commercial Bank.

Benzinga

Here's How Much You Would Have Made Owning Marathon Petroleum Stock In The Last 10 Years

Marathon Petroleum (NYSE:MPC) has outperformed the market over the past 10 years by 6.85% on an annualized basis producing an average annual return of 17.52%. Currently, Marathon Petroleum has a market capitalization of $55.54 billion.

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Evening Standard

Buckle up for a bumpy landing with BoE’s pilots

The economy looks to be descending and may even be close to stalling speed

Evening Standard

A recession is worse than inflation -- why the Bank is getting this all wrong

City Voices: Former Bank Governor Mervyn King scores nought out of ten

Bangkok Post

BoT hints at rate hike

Increasing the policy interest rate should not happen too late because inflation continues to rise, says Bank of Thailand governor Sethaput Suthiwartnarueput.

Benzinga

Check Out What Whales Are Doing With MPC

Someone with a lot of money to spend has taken a bearish stance on Marathon Petroleum (NYSE:MPC). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Evening Standard

Sterling slides as all three sectors of British economy go into reverse

Recession red light blinks as output fell by 0.3% including services, production and construction

Inverse

NASA publishes the results of its intense killer asteroid dress rehearsal

The lessons learned could help avert real impacts in the near future or significantly limit the devastation one could cause.

The National (Scotland)

Bank of England expected to raise interest rates again this week

THE Bank of England is expected to hike interest rates for the fifth time in a row this week but experts warn that any hesitation could push the…

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Arkhom Termpittayapaisith

Sethaput Suthiwartnarueput

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