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Mortgage Rate Forecast Reveals "More Severe" Hit than Expected says Capital Economics

Capital Economics has reviewed its mortgage forecasts and can reveal the hit to borrowers posed by a higher Bank of England base rate is likely to be "more severe" than initially anticipated with some facing a 50% jump in mortgage rates over the coming months.

June 9,2023

Deutsche Bank: Risks of UK Recession Now Underestimated by the Consensus

The consensus was too gloomy on the UK's economic prospects entering 2023, but one investment bank now accuses economists of being too benign on the prospects of a recession later in the year.

June 8,2023

Eurozone Recession Won't Spook the ECB from Raising Interest Rates Again (and Maybe Again)

The ECB is likely to downplay the significance of the recession.

June 8,2023

Odds of U.S. Recession Have Receded says Goldman Sachs

The odds of a U.S. recession have receded says Goldman Sachs.

June 6,2023

UK House Price Forecast Update Following Latest Nationwide House Price Data

UK house prices are forecast to fall further with one economist saying a near-10% decline can be expected from here.

June 2,2023

Retail Sales Improve

UK retail sales surprised to the upside thanks to improved weather in April, said the ONS.

November 29,2023

Bank of England to Hike to "At Least" 5% says NatWest

One of the UK's largest high street lenders says the recent rise in UK core inflation in April represents a "game-changer" moment for UK interest rates and the broader economic outlook.

May 25,2023

More Articles …

  1. U.S. Economic Growth Revised Up but Profit Margins Fall in Inflation Battle
  2. UK Retailers Shed Jobs at Fastest Rate Since 2009, But Price Rises to Remain Elevated
  3. Bank of England to Hike in June, August and September Suggest Money Markets in Wake of Surprising Inflation Data
  4. UK Manufacturing Gloom Deepens: CBI Survey
  5. Eurozone's Bumpy Expansion Continued in May But ECB Won't Like Signs of Strong Services Inflation: PMI Report
  6. UK Government Borrowing Surges in April, But Too Soon for Treasury to Panic Says One Economist
  7. UK Economic Revival to be Driven by Rebounding Consumer Confidence says Berenberg
  8. UK Private Rental Market Witnesses 4.7% Increase in Prices Over the Past Year, Reports Rentola

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