The Bank of England still has some distance to go before cutting interest rates, says a member of the MPC.
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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.
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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 gai…
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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.
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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.
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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".
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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.
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