The latest remarks and commentary suggest the Monetary Policy Committee at the Bank of England (BoE) is only one inflation number or employment report away from a step change in the pace at which B…
Read more … →"The bear market is likely to last at least three years – or about average."
Read more … →The surprisingly strong UK GDP data announced midweek leads economists at Goldman Sachs to revise higher their growth forecasts and lower expectations for a recession taking hold.
Read more … →Federal Reserve policy tightening is already making a mark on economies and currencies around the world but minutes of June’s meeting suggested this week that its impact could grow when making clea…
Read more … →The Bank of England's Chief Economist says he stands ready to vote for a faster rate of interest rate hikes, should he see further signs inflation is becoming embedded in the UK.
Read more … →The arrival of Nadhim Zahawi at the Treasury could herald greater pay hikes for public sector workers, increasingly embedded inflation expectations and more forceful interest rate hikes from the Ba…
Read more … →Gas prices might be surging but there is some relief in store for consumers as oil prices start to fall back. Analyst Fawad Razaqada of City Index writes further declines are possible.
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