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Iran war muddles expectations of likely Federal Reserve interest rate cuts
Posted onUnlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investors have trimmed bets on the number of interest rate cuts this year as surging petrol prices and a softening jobs market complicate the Federal Reserve’s ability to boost the US economy while containing inflation….
China accuses US of ‘double standards’ over tariff threat
Posted onDonald Trump’s latest threat to impose an additional 100% tariff on Chinese goods is “a typical example of US double standards”, China’s government has said. A Commerce Ministry spokesperson also said China could introduce its own unspecified “countermeasures” if the US President carries out his threat, adding it was “not afraid” of a possible trade…
Shopping addiction should be taken more seriously say sufferers
Posted onBBC Lucy says her experiences of shopping addiction are like a “physical and an emotional drowning” A day of retail therapy can be just the ticket for some people to help them feel better about themselves. But what happens when you can’t stop shopping? Surrounded by racks of shirts, dresses and jumpers, Lucy tells me…
Decline in adoption rates at Devon animal rescue group
Posted onAn animal rescue centre said less people have been adopting its dogs due to animals’ behavioural issues. Gables Cats and Dogs Home in Plymouth said some dogs in its care were “difficult” and had certain requirements, making it harder to find their forever homes. General manager Claire Sparkes said a lot of the rescue dogs…
Bank hints at rate cuts, but dont expect Covid-era mortgage deals
Posted onIn total, the Bank reckons two out of five residential borrowers, close to four million, will face a similar situation in the next few years, with an average 8% rise in repayment costs. (Although it also points out one in three are likely to see lower repayments during this time).
