The Bank of England's Chief Economist has effectively condoned the fall in the cost of money in the UK that followed the Bank of England's Feb. 02 policy decision and guidance.

February 3,2023

A sharp drop in Eurozone CPI inflation last month was offset by a stubbornly high core inflation reading, which will likely keep the European Central Bank on course to deliver further interest rate hikes.

February 1,2023

If the purpose of raising interest rates is to slow lending in order to bring down inflation, then the Bank of England will be confident the actions it took in 2022 are doing the job.

January 31,2023

The Bank of England (BoE) interest rate outlook had appeared less certain following the division over December's decision but a better than expected economic performance since then is now seen ensuring the 'hawks' remain a majority on the Monetary Policy Committee (MPC) next week. 

January 27,2023

Chancellor Jeremy Hunt has attempted to lay out an optimistic vision for the UK economy but industry reactions say his speech lacked the detail required to shift the dial on a pessimistic outlook.

February 7,2023

New and innovative research from Goldman Sachs provides a more timely measure of layoffs in the U.S. job market and suggests Federal Reserve (Fed) officials  are right to be dismissing recently-downbeat economic data while warning of their intention to stay a hawkish interest rate course. 

January 20,2023