Relief as US inflation finally comes in below expectations May 15, 2024 Stubborn inflation at the start of the year has forced markets to reconsider when the Fed is likely to start cutting interest rates.
Inactivity, productivity and jobs: London’s economic disparities revealed in five graphs May 15, 2024 London is the powerhouse of the UK economy, but within London there are considerable differences on economic performance.
Southern Europe to help eurozone ‘turn a corner’ in 2024 as Germany stagnates May 15, 2024 The European Commission released its latest round of forecasts today.
Swiftonomics strikes with Eras Tour set to spark £1bn spending binge May 15, 2024 When the tickets were released last July, ticket sales sparked a 15.8 per cent increase in UK spending on entertainment.
FTSE 100 today: London markets set to extend positive streak; trends hinge on US inflation data May 15, 2024 Asian stocks mirrored Wall Street's rally. Sony surged on buyback news. Eyes on US CPI data and Burberry earnings.
Does hot wage growth derail hopes of a June interest rate cut? May 14, 2024 The first round of labour market figures was released this morning and it leaves policymakers in a bit of a bind.
Bank of England’s Pill: Summer interest rate cuts ‘not unreasonable’ but ‘still some work to do’ May 14, 2024 Speaking at an event run by the Institute of Chartered Accountants in England and Wales (ICAEW), Pill stressed that the Bank's focus would be on the persistent components of inflation in the weeks ahead.
Confidence in ONS statistics remains high but data issues might pose problems May 14, 2024 “Now more than ever it is vitally important that citizens know where to find reliable, impartial statistics." Professor Sir Ian Diamond, National Statistician, said.
Bank of England interest rate cuts on a knife edge as wage growth comes in hot May 14, 2024 The figures are the first in a series of data releases that will determine whether the Bank of England is able to cut interest rates in June.
The UK is out of recession – but it’s far too soon to celebrate May 14, 2024 While the UK's exit from recession is welcome news, structural problems will continue to stymie economic growth for years to come if they are not addressed soon, Chris Dorrell writes