Is news of a UK recession a cause for worry? No, not really, says a leading economist who says the economy was let down by drooping exports.
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Bank of England Governor Andrew Bailey has responded to January's inflation data surprise by warning that the numbers do not change the outlook presented at the Bank's last policy meeting.
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The Bank of England will cut rates to as low as 4.0% by year-end as recession and deflation threaten the UK economy, according to the Institute of Economic Affairs (IEA).
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UK headline CPI inflation might be running at double the Bank of England's 2.0% target, but if we look closer at the data we see a strong disinflation is underway in the UK, opening the door to int…
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U.S. inflation came in well above expectations in January, but economists say this is a blip as leading indicators all point to ongoing declines in inflation over the coming months.
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"Our nowcast also suggests that the slowdown in wage growth has faded. We think this combination of a tight labour market and solid wage growth is likely to lead the MPC to take a cautious approach…
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In its latest economic outlook report for February 2024, Wells Fargo paints a cautiously optimistic picture of the U.S. economy, buoyed by upgrades to GDP forecasts and closely monitoring anticipat…
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