The Office for Budget Responsibility (OBR) have warned that inflation will remain above the Bank of England’s target rate. The OBR have increased their inflation target...
Digest – Sterling slumped yesterday on cool UK CPI figures, as the dollar continued to gain broadly, while stocks also rallied. Today, the ECB are set...
Economists have said that the Bank of England is likely to cut interest rates as the wage growth has now hit its lowest level in four...
The euro began the week under slight pressure against the dollar as investors anticipate further interest rate cuts by the European Central Bank (ECB). With inflation...
The Bank of England governor has said that inflation is now steady and interest rate cuts may “become more aggressive.” After Andrew Bailey told the Guardian...
Thursday’s interest rate hold will be something of a mixed bag for savers. For some, it might mean continuing to grapple with bloated mortgage and debt...
The U.S. dollar has been under pressure in recent sessions, generally influenced by the divergent decisions of the Federal Reserve (Fed) and the Bank of England...
Sterling has climbed to its highest against the USD in two and half years, this comes as the Bank of England held interest rates. The pound...
The Bank of England has made “another mistake” by not accelerating interest rate cuts, believes the CEO of one of the world’s largest independent financial advisory...
As had been fully expected, the Bank of England’s Monetary Policy Committee decided to maintain Bank Rate at 5.00% today, taking a pause for breath having...
Digest – Markets trod water yesterday. Today, all eyes are on the FOMC, as market expectations remain delicately poised between a 25bp, or a 50bp, cut....
This morning’s UK inflation figures showed headline CPI remaining at 2.2% YoY in August, for the second month in a row, as price pressures continue to...