28 May 2024 Inflation in UK Shops "Rapidly Normalising", But Won't Move Dial on Bank of England Rate Cuts

Inflation for goods and food sold in UK shops has fallen back to what is considered to be normal levels by economists at the British Retail Consortium (BRC), but this won't be enough to convince thโ€ฆ

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24 May 2024 "U.S. core inflation is at 2%" When Parred with Europe - ING's Smith

Hereโ€™s something that might surprise you: US core inflation is at 2% and has been since last July.

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24 May 2024 Consumer Confidence Continues to Improve: GfK

The UK's most authoritative survey of consumer confidence continues to show an ongoing improvement, led by firming household finances and expectations for the economy.

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22 May 2024 GBP/USD Stable as Market Takes Election Announcement in its Stride: XTB

The UK will head to the polls on July 4th. This election has been expected for some time, so it is no wonder that UK asset prices have been remarkably stable on the back of this news.

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22 May 2024 Bank of England Might Not Be Able to Cut in 2024 Warns JP Morgan

Economists at JP Morgan expect the Bank of England to cut interest rates in August, but details in the April inflation print warn of growing risks that a 2024 rate cut might not happen at all.

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22 May 2024 Service Inflation "Shocker" Leaves Question Marks Over August Bank of England Rate Cut

The odds of a June interest rate cut at the Bank of England have fallen to just 15% from above 50% in the days before Wednesday's UK inflation release.

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21 May 2024 Manufacturing Output Snaps 18-month Losing Streak Says CBI

According to a much-watched survey, UK manufacturers reported that output volumes rose in the three months to May, for the first time since November 2022.

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