This morning’s UK inflation data showed an unsurprising uptick in headline inflation in June, with CPI rising to 2.2% YoY, back above the BoE’s 2% target,...
Meanwhile, a survey showed that domestic services companies reported an influx of new orders and the biggest rise in employment for over a year during July...
On Monday the Dow Jones plummeted 900 points and an expert has warned that within months the US will be in a recession, unless the central...
From our US team: Nvidia (NVDA) stock slipped more than 6% on Thursday as chip stocks led a tech-fuelled sell-off amid signs of a cooling economy....
The Old Lady of Threadneedle Street has clearly seen enough in recent data to reassure policymakers that the underlying disinflationary trend within the UK economy remains...
The August Bank of England decision is, perhaps, one of the toughest MPC decisions to forecast, with a high degree of conviction, in recent memory. Having...
Research from Newspage found that historically, pay growth has been a reliable indicator for services inflation. Wage growth estimates for the months ahead suggest services inflation...
Two months have elapsed without a word from Bank of England Governor Andrew Bailey, leaving financial markets and the public in a state of uncertainty. The...
The Office for National Statistics (ONS) data shows that inflation is unchanged and remains at 2%. Financial markets and some economists were expecting inflation to fall...
The Bank of England’s Monetary Policy Committee sprang no surprises with today’s decision to hold Bank Rate steady for the seventh straight meeting, with such a...
The British pound is edging slightly lower after yesterday’s rebound, particularly against the US dollar, due to a stronger uptick in US bond yields. Despite today’s...
The Prime Minister has declared that the Tories have reached the 2% target for inflation for the first time in three years. Rishi Sunak has said...