31 January 2023 Bank of England: 25bp Hike More Likely Following Sharp Drop in Lending Figures

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.

Read more … →
27 January 2023 Upgraded Economic Forecasts Seen Keeping BoE's Hawks in Driving Seat

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 ensu…

Read more … →
27 January 2023 Hunt Delivers "A Lecture, Not a Plan"

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.

Read more … →
20 January 2023 Innovative Measure of U.S. Layoffs Suggests Fed Right to Stay Course

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 recentl…

Read more … →
18 January 2023 UK Economic Outlook is "Promising" says Berenberg Bank

Berenberg Bank says an era of higher interest rates should be embraced as it introduces the very real prospect of 'real' growth in the UK economy.

Read more … →
17 January 2023 Investors "A Lot Less Bearish", Shift Out of U.S. Stocks: Bank of America Global Fund Manager Survey

A much-watched survey of fund managers shows a thawing in the gloom that characterised the final quarter of 2022 as recession fears abide and money is allocated to Emerging Markets and the European…

Read more … →
13 January 2023 U.S. Inflation Moderation Bolsters Forecasters' Confidence in 'Fed Pause'

Moderating inflation in the all-important U.S. services sector has led some independent research consultancies to become more confident in earlier forecasts that February's anticipated interest rat…

Read more … →