The ECB's latest interest rate hike was not required to ensure inflation falls back to the 2.0% target and its impact will result in the Eurozone's economy falling into recession.
Read more … →The resilience of the UK economy has taken many forecasters by surprise but risks keeping inflation higher than otherwise and over a protracted period of time, according to economists at Goldman Sa…
Read more … →European inflation ticked higher in April for the first time since September but the more closely watched measure of core inflation edged lower in a Eurostat report that has uncertain implications …
Read more … →Bank of England (BoE) Chief Economist Huw Pill caused controversy this week when saying everybody must accept being poorer due to inflation but this wouldn't have been so if he also explained how i…
Read more … →The Eurozone economy eked out growth in the first quarter of the year but looking at the details reveals Germany is proving a drag while peripheral nations such as Spain and Italy saw robust growth…
Read more … → Bank of England (BoE) Chief Economist Huw Pill drew the ire of market pundits, media commentators and members of the public alike this week with the publication of controversial remarks sugge…
Read more … →The GfK Consumer Confidence Barometer posted a third consecutive monthly gain in April as it reached its highest level since February 2022.
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