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The Bank of England still has some distance to go before cutting interest rates, says a member of the MPC.
March 28,2024
New analysis shows that CPI inflation will fall below 1.0% and remain below the Bank of England's 2.0% target through 2025, raising the risk of deflation in the UK.
March 27,2024
Economists at Pantheon Macroeconomics estimate house prices will see a firm appreciation in both 2024 and 2025 as confidence returns to the market, but elevated mortgage costs will stop runaway gains.
March 27,2024
UK economic activity is shifting up a gear, which, when combined with sticky inflation, means the Bank of England won't cut rates before mid-year.
March 27,2024
Business confidence remains high, but hiring intentions have eased as the April increase in the minimum wage comes into sharper focus, particularly for the UK's smaller companies.
March 27,2024
Kathleen Brooks, research director at XTB, explains what's driving the extraordinary rise in cocoa prices, which threatens to make chocolate the "new luxury good in town".
March 27,2024
Steve Englander, an economist at Standard Chartered, suggests that Fed Chair Powell may be willing to accept dissents in order to facilitate timely interest rate cuts at the Federal Reserve.
March 26,2024
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