The ONS reported on Tuesday that wages rose at a faster pace than markets expected but that unemployment is also rising. These contradictory signals have lessened the prospect of a Bank of England rate cut in June, but only slightly.

May 14,2024

Economists at Berenberg have raised their GDP forecasts in light of the first quarter's strong reading and say it supports the case for an August rate cut.

May 10,2024

Just two members of the Bank of England's policy-setting committee voted to cut interest rates, but this is one more than did so last time, and there are signs that more will jump on board the cutting team next month.

May 9,2024

U.S. manufacturers are seeing their costs jump again while their order books decline, presenting members of the Federal Reserve with an unsavoury macroeconomic mix to deliberate.

May 7,2024

The British Retail Consortium says shop prices have been "brought to heel" as the trend of disinflation continued into April, raising hopes that the Bank of England can soon cut interest rates.

April 30,2024

UK business confidence is "blooming into spring" reports the Lloyds Bank Business Barometer on the back of findings confidence remained steady for a second month at a high level.

April 30,2024