Economists have reacted with surprise to data confirming the UK's inflation rate is rising, with most saying they cement a 25 basis point hike at the Bank of England on Thursday.
Read more … →It looks increasingly likely a hike will be voted through tomorrow.
Read more … →Recent data have confirmed that UK inflation and its underlying drivers are moderating but economists and markets remain split over what to expect from the Bank of England (BoE) next week…
Read more … →The Office for Budget Responsibility (OBR) no longer expects the UK to fall into recession in 2023 says UK Chancellor Jeremy Hunt.
Read more … →He is set to pull a big cuddly rabbit out of the hat for parents struggling with childcare costs.
Read more … →Some major investment banking names are predicting the Federal Reserve will opt to maintain interest rates at current levels on March 22 in response to recent financial market turmoil.
Read more … →Investment bank Nomura is one of the first major investment banks to come out and say the Federal Reserve will cut interest rates next week in light of recent stresses in the U.S. banking system.
Read more … →