A strong labour market and rising wages will mean the Bank of England will have to keep pushing interest rates higher says Credit Suisse, even as UK inflation rates begin to fall later in 2022.
February 8,2022
The UK economy saw increased activity in the final week of January as the effects of the Omicron wave of Covid retreated and consumers saw the removal of Covid restrictions.
February 3,2022
"EZ inflation to settle well below target and one of the lowest in G10 once base effects fade".
February 1,2022
Rising inflation see HM Treasury looking for solutions, but only a temporary VAT cut could immediately reduce prices.
January 24,2022
Staff absences due to the UK's fourth Covid wave meant businesses struggled in January, according to a regular monthly survey that also showed inflationary pressures continue to build.
January 24,2022
The newest member of the Bank of England's Monetary Policy Committee has urged her colleagues to take decisive action in the near-term to lean against inflation.
January 21,2022
Although retail sales fell by a far greater margin than the market was looking for, economists say the data are unlikely to prevent the Bank of England from raising interest rates again in February.
January 21,2022
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