Submit a story
Tell us your story.
This week, Dr Chris Kacher pours scorn on CPI while speculating on what might happen if quantitive easing is introduced again.
The Autumn Statement made clear that the Tories aren't in control of their own destiny in our increasingly fragile economy
In its most recent Monetary Policy Report, the Bank of England suggested that unemployment will have to go higher than it previously thought in order to bring down wage growth.
With inflation now on the way down, attention is beginning to turn to what the 'new normal' will be - if we ever make it there.
The very forces that kept inflation down - the labour market, less defence spending and energy prices - are now keeping it high and will be with us for years to come.
Inflation in the UK will be higher than previously expected next year while growth will be lower, according to cheerful new forecasts from the Organisation for Economic Co-operation and Development (OECD).
Inflation rose to 3.2 per cent in the year to July, according to official statistics out today, up from 3.0 per cent last month.
The City has been ahead of the Bank of England’s thinking for some time. Economists have for months known interest rates are set to stay higher for longer. Most expect them to peak at 5.75 per cent and stay there for, probably, at least a year. Governor Andrew Bailey and co have woken up to [...]
The price of Bitcoin was falling from $22,012 this morning, while Ethereum is valued at $1,554 as crypto markets respond to interest rate news.
The UK economy is on course for a slow burning slump over the coming years and scorching inflation has started to “crystallise,” the Bank of England has warned as it lifted interest rates for the 14th time in a row. In fresh forecasts released today, the central bank said over the next three years, UK [...]
Subscribe to the City A.M. newsletter to have our top stories delivered directly to your inbox.
Subscribe to get the essential daily news updates from City A.M's top stories to your inbox.