ECB set to hold interest rates steady as markets look for clues on cuts January 21, 2024 The European Central Bank (ECB) is set to keep interest rates on hold when it meets on Thursday, but markets will be keeping a close eye on what policymakers reveal about the timing of rate cuts.
Mouthwash, teabags and sausages latest examples of ‘shrinkflation’ – Which? January 20, 2024 Shrinking mouthwash bottles, fewer teabags and sausages with less pork are among downsized and downgraded supermarket products as manufacturers and retailers cut costs, a watchdog has found.
Economy: Why the latest data makes a ‘technical’ recession seem (almost) inevitable – with pub spending the only white knight January 19, 2024 The UK appears set to enter recession - and even if the term is in some ways meaningless, it's still very bad news indeed
FTSE 100 today: London markets likely to soar on the heels of global tech rally January 19, 2024 Global stocks surge in a tech rally, oil prices dip, and Bitcoin hits a five-week low. Attention now shifts to UK retail sales and U.S. Michigan Sentiment data.
Bank of England survey: Default rates continue rising in 2023 – but at slower pace January 18, 2024 According to bank responses to the Bank of England's quarterly credit conditions survey, default rates on secured lending - which includes mortgage lending - increased in the final quarter of 2023.
Why UK equities could ‘turn a corner’ in 2024 January 18, 2024 UK equities will "turn a corner" in 2024 as analysts bet that growing optimism about the UK's economic prospects would provide a strong tailwind.
FTSE 100 today: London markets likely to open in red following weak global cues January 18, 2024 Global stocks fall, China shares hits 5-year low, greenback nears one-month peak, and oil prices rise; focus shifts to Christine Lagarde's speech and U.S. economic data.
Central bankers push back on interest rate cut bets but accept progress on inflation January 17, 2024 In the US, traders think there is a 60 per cent chance that the Fed will lower interest rates in March, according to CME Fedwatch.
Why December’s inflation surprise is not a moment to panic January 17, 2024 How worrying are December's inflation figures for the Bank of England? And what does it mean for when interest rates will start being cut?
Bank of England: Andrew Bailey doesn’t have long to restore credibility January 17, 2024 New data serves only to confuse the picture, which makes Andrew Bailey and the Bank of England's public utterances all the more important