The ECB delivered their second rate cut of the cycle today, as had been fully expected and already discounted by financial markets, having been well-telegraphed in...
Having delivered the first Bank Rate cut of the cycle at the August meeting, the MPC are likely to stand pat this time around, instead waiting...
The employment rate came in at 74.8%, a small increase on the previous quarter. Unemployment came in at 4.1%, down slightly on the previous quarter and in line with market expectations (Trading...
This morning’s UK employment data pointed to a mixed labour market picture in July, with unemployment declining further, even as earnings pressures continued to cool Unemployment...
The fall in service inflation is ‘very encouraging’ for the Bank of England (BoE) and could signal another interest rate cut next month, a financial expert...
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...