UK House Prices Experience Steepest Annual Decline in Nearly 14 Years, Nationwide Warns of Further Challenges Ahead
    According to Nationwide, UK house prices experienced the fastest annual decline in almost 14 years in May. Prices fell by 3.4% compared to the previous year, marking the largest drop since July 2009. The building society also cautioned that further increases in mortgage interest rates could impact the housing market. Rising mortgage rates have been driven by expectations of the Bank of England raising interest rates due to persistent inflationary pressures. The Nationwide report stated that...
    By Hamro Global 2023-06-01 13:41:09 0 1284
    बैंक अफ इङ्गल्याण्डले मुद्रास्फीतिसँग जुध्न लगातार १२ औं ब्याजदर वृद्धि लागू गर्ने
    बैंक अफ इङ्गल्याण्डले बेलायतको अर्थतन्त्रमा बढ्दो मुद्रास्फीतिलाई नियन्त्रण गर्ने निरन्तर प्रयासमा लगातार १२ औं ब्याजदर वृद्धिको घोषणा गर्ने अपेक्षा गरिएको छ। वित्तीय बजार र अर्थशास्त्रीहरूले व्यापक रूपमा 0.25 प्रतिशत बिन्दु वृद्धिको अनुमान गरेका छन्, जसले बैंक दरलाई 4.5% मा ल्याउँछ। डिसेम्बर २०२१ मा ०.१% को दरले कडाईको चक्र सुरु भयो किनकि अर्थतन्त्र COVID महामारीबाट पुनःप्राप्त भयो। यद्यपि, फेब्रुअरीमा रूसले युक्रेनमा गरेको आक्रमणले मुद्रास्फीति थप बढाएको थियो, जसले ऊर्जा लागत बढेको थियो।...
    By Yuba Raj 2023-05-11 06:01:23 0 1309
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