European Central Bank holds interest rates at 0.25%
The European Central Bank (ECB) has kept its benchmark interest rate at its record low of 0.25%.
The Eurozone interest rates have remained unchanged since November 2013.
Farrell Financial Planning do not give advice on future interest rate movements. Farrell …
Bank of England holds interest rates at 0.5%
The Bank of England has once again kept UK interest rates at 0.5%. This rate has now remained unchanged for 5 years.
Farrell Financial Planning do not give advice on future interest rate movements. Farrell Financial Planning are independent financial …
UK economy grows at fastest rate since 2007
According to the Office for National Statistics (ONS), the UK economy grew by 1.9% in 2013. This is the highest annual growth rate since 2007.
Farrell Financial Planning are Glasgow based independent financial advisers (IFAs) and do not make any …
UK inflation rate falls to 2% in December 2013
The Consumer Prices Index (CPI) measure of inflation fell to 2% in December, according to the Office for National Statistics.
It is the first time CPI has been at or below the government’s target of 2% since November 2009.
The …
Japan close to escaping deflation
Japan moves close to beating 15 years of deflation. Japanese consumer prices have risen at the fastest pace in five years, showing government policies to end its deflation problem may be taking effect.
Deflation is the opposite of inflation; it …