Fears of a 1970's-style general strike are rising and if the government and employers eventually yield then the public sector could see a major wage impulse over coming months.
Read more … →Economists at U.S. bank Wells Fargo say they now see a U.S. recession in 2023 as being more likely than not as the Federal Reserve succeeds in slowing economic growth to the extent inflation declin…
Read more … →The Bank of England (BoE) raised its interest rate again this week and gave new guidance that appears to leave everything rested on economic data emerging from the UK in the months ahead, energy pr…
Read more … →UK-based lender Barclays have raised their forecast profile for the Bank of England's key interest rate while warning a 50bp hike in August is now likely.
Read more … →The European Central Bank will raise its key Deposit Rate well above 0% before the year is done, but this risks raising Eurozone fragmentation risks warns Bank of America.
Read more … →"We forecast a mild technical recession at the turn of the year" - Barclays.
Read more … →Federal Reserve (Fed) monetary policy and the financial conditions that it influences have shifted in a tighter direction at a rapid pace since June last year but several influential members of the…
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