The fall in markets' expectations for a higher Bank of England base interest rates has reduced the likely peak for mortgage rates by about 70 basis points, according to a new analysis.
Read more … →
Economists say although the prospect of a second consecutive 50 basis point rate hike in August has greatly receded following softer-than-expected June inflation figures, an elevated services infla…
Read more … →
Goldman Sachs has lowered the odds the U.S. will fall into recession saying the disinflation process can continue without the need for a more material economic slowdown.
Read more … →
Relief for UK consumers and the Bank of England alike as it is reported grocery price inflation has seen its steepest decline since inflation peaked in March this year, falling 1.6 percentage point…
Read more … →
Some economists are forecasting UK economic growth to pick up through the remainder of 2023, although others warn of a recession taking hold as higher interest rates begin to bite.
Read more … →
The U.S. is now likely to pull off the perfect 'soft landing' as it the economy will likely avoid recession, according to deVere Group.
Read more … →
The UK economy outperformed expectations for the month of May when an additional public holiday connected with the King's Coronation had less of a negative impact than many envisaged though was sti…
Read more … →