Bank of England deputy governor Broadbent says summer interest rate cut ‘possible’ May 20, 2024 The Bank judges that the unwinding of the inflationary shock is likely to be "asymmetric", taking longer to unwind than it did to emerge.
Investors fled equities in April in worst month of flows since March 2020 May 9, 2022 Global exchange traded products notched their worst month of flows since March 2020 in April as investor jitters spread amid soaring inflation and the continued turbulence of war in Ukraine.
What is the Bank of England’s ‘once in a generation’ Bernanke review? April 9, 2024 The review, launched last summer, was led by Ben Bernanke, who chaired the Federal Reserve between 2006 and 2014.
Markets today: Weaker start for Europe as investors focus on inflation November 18, 2020 After the vaccine inspired rally on Monday, a slightly more tempered market followed on Tuesday as the continued rise in virus cases started to experience a bit more cut through in the face of some disappointing US economic data. It is slowly becoming apparent that the economic damage being caused by subdued consumer activity is [...]
Supply of houses reaches highest level in eight years as sellers remain confident ahead of general election May 30, 2024 The amount of homes for sale is at its highest in eight years, according to a new report, but this could lead to house prices remaining flat for the remainder of 2024.
Fed leaves rates on hold – but signals rates could stay higher for longer September 20, 2023 The decision means that the federal funds rate remains at a range of 5.25 per cent and 5.5 per cent, its highest level for 22 years.
Sunak commits to triple lock hinting pensions could rise by eight per cent August 17, 2023 Rishi Sunak has signalled that state pensions could go up next year by almost eight per cent as he committed to maintaining the “triple lock”. Under the triple lock, the state pension is uprated in April by inflation, wages or 2.5 per cent, whichever is higher. Wage growth is currently the highest of the three [...]
Bank of England set for August interest rate cut – but general election means doubts linger June 18, 2024 While the Bank is widely expected to hold rates this week, focus now turns to its August meeting. Chris Dorrell explains that while all signs are pointing towards a cut in just under two months, the outcome is far from certain
Wage growth expected to continue in 2024 as employees hold all the cards December 20, 2023 Looking ahead into next year, Sheila Attwood, XpertHR senior content manager, data and HR insights, said wage growth would ease - but only slightly.
Will the Federal Reserve and Bank of England surprise investors this week? March 19, 2024 The Fed will reveal its latest decision on Wednesday before the Bank's announcement on Thursday.