Monetarists warn of ‘severe recession’ and risk of deflation as money supply falls November 9, 2023 Monetarists are warning that the UK is facing a "severe recession" as the money supply falls sharply in the face of the Bank of England's interest rate hikes.
Germany one of the EU’s ‘growth laggards’ as economy shrinks slightly in third quarter October 30, 2023 Germany's economy shrank slightly in the third quarter, data showed on Monday, as Europe's largest economy continues to be weighed down by weak purchasing power and higher interest rates.
BoE’s Haldane sees inflation risks as economies bounce back November 29, 2020 Bank of England chief economist Andy Haldane said inflation could rise by more than expected as progress on Covid-19 vaccines and huge amounts of stimulus raised the chances of a swift economic bounce-back. “As the economic recovery gathers pace next year, it will be important central banks remain squarely focussed on their core medium-term price stability mandates,” Haldane said in a speech [...]
Technical data suggests Bitcoin is at its most oversold since ‘Covid crash’ January 24, 2022 The rapidly-changing Federal Reserve policy in response to rising inflation has caused extreme fear in both legacy and crypto markets.
Dovish Bank of England opens the door to interest rate cuts May 9, 2024 "Its likely that we will need to cut Bank Rate over the coming quarters…possibly more so than currently priced into market rates," Bailey said.
Falling UK debt interest may allow room for tax cuts, Jeremy Hunt says December 22, 2023 Lower levels of UK debt interest may allow room for the government to cut taxes, UK Chancellor Jeremy Hunt has said.
Gold prices finally rise amid Wall Street turbulence and inflationary pressures January 21, 2022 Gold could be returning to its established role as an inflation hedge, with prices finally increasing after many weeks of treading water.
Businesses could ‘struggle to afford’ increase in living wage, experts warn November 27, 2023 Last week, the government announced that the National Living Wage will rise by almost 10 per cent next year, from £10.42 to £11.44 an hour.
Falling pork prices drags China back into deflation as recovery continues to stumble November 9, 2023 China's recovery from the Covid lockdowns faced another blow as the economy slipped back into deflation in October.
Has sterling finally recovered from the impact of Brexit? June 3, 2024 A recovering economy is more likely to receive overseas investment, strengthening the pound.