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).
Read more … →
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…
Read more … →
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.
Read more … →
"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…
Read more … →
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…
Read more … →
The Labour Party, while riding high in current polls, confronts several significant challenges that could impede its path to securing an outright majority, according to a comprehensive analysis by …
Read more … →
The UK is likely to earn its recession badge next week after the ONS confirms a second consecutive quarter of decline.
Read more … →