Why the Bank of England might be wary of cutting interest rates before the Fed April 18, 2024 The path for the Bank of England to cut interest rate cuts looks increasingly uncertain, particularly as the US Federal Reserve looks set to wait a while longer before loosening policy.
PMQs sketch: Trusst back in politics? April 17, 2024 Thanks to Liz Truss, a surfeit of salad-related attempts at humour emerged during PMQs this week. We take you through the highlights.
Timing of Bank of England interest rate cuts thrown into doubt after hot inflation data April 17, 2024 This week market caution looks justified following two upside surprises on two crucial pieces of economic data.
March inflation comes in higher than expected at 3.2 per cent April 17, 2024 Inflation has fallen from a peak of over 11 per cent in autumn 2022, but the Bank will want to see further progress on services inflation and wage growth.
IMF says the UK will be the fastest-growing major economy in Europe next year April 16, 2024 The projections suggest the UK economy is unlikely to generate much momentum this year, and will lag all G7 economies apart from Germany.
Bank of England ‘absolutely’ in for shake-up after Bernanke review, incoming rate-setter warns April 16, 2024 Lombardelli, who will take up her role on the Monetary Policy Committee (MPC) in July, will be responsible for implementing the Bank's response to the Bernanke review.
Bernanke is right. The Bank of England must urgently improve its communications April 16, 2024 With the Bank set to pivot to rate cuts sooner rather than later, it is crucial it communicates its decisions clearly. Failure to do so could further erode public confidence in the Old Lady, Chris Dorrell writes
Will UK mortgage rates rise even more if US inflation stays hot? April 13, 2024 London markets have been spooked by worse-than-expected economic data across the pond that has raised uncertainty over when central banks will start lowering interest rates. So what does this mean for mortgages?
UK economy grows in February as recovery gathers steam April 12, 2024 The figures will raise hopes that the UK economy can move on from a disappointing 2023.
Traders expect fewer Bank of England interest rate cuts after US inflation surprise April 11, 2024 Markets think the Bank of England will cut interest rates just twice in 2024 reflecting concerns around the persistence of inflation.