Rising energy bills stemming from the Russian invasion of Ukraine are fomenting a growing ‘cost of living crisis’ that is dominating the domestic conversation and with worse yet to come, the wisdom…
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The Deputy Governor of the Bank of England said further interest rate rises are needed as there is a risk the UK jobs market proves more resilient than the Bank's current expectations.
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"To put it politely, the closer we look into the report, the greater our disappointment with the MPC."
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"The relevant question is whether or not the BoE’s headline-grabbing projections are plausible... in our view, the answer is that they probably are not." - Berenberg.
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Michael Saunders has once again reiterated the case for a bold approach to raising interest rates in an effort to stave off surging inflation.
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What is the outlook for stock market investors in light of an ongoing tightening in monetary policy?
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The Bank of England is too pessimistic in its economic forecasts and it will have to raise interest rates far higher than it currently expects, according to an independent research consultancy.
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