Fed’s rate cut in the balance ahead of US inflation figures September 8, 2024 The figures come out a crucial time with the Fed preparing to cut interest rates for the first time since the pandemic.
US employment up after disappointment last month as interest rate cut awaits September 6, 2024 A key indicator for the health of the US economy has come in at a disappointingly stagnant rate, as experts mull over whether it could tip the balance of a recession, or impact the recent indication of interest rate cuts. The US Bureau of Labor Statistics released in monthly figures this afternoon, showing the number [...]
‘Sticky’ hurdle rates contributing to resilient UK business investment August 22, 2024 Research from the Bank shows that firms' use of 'hurdle rates' might be slowing the impact of higher interest rates.
Compulsory liquidations hit highest level in almost six years August 20, 2024 New figures from the Insolvency Services showed that there were 320 compulsory liquidations in July, the highest number since before the pandemic.
All eyes on Powell at Jackson Hole as markets look for US rate cut clues August 19, 2024 Global financial markets will be firmly focused on Jackson Hole in the Rocky Mountains later this week for hints on when the US' central bank may start lowering interest rates from a 23-year high.
UK could be ‘best performing economy’ so far in 2024 after week of data August 16, 2024 It's been a busy week for the Office for National Statistics (ONS), publishing a raft of statistics on the UK economy for traders and Bank of England ratesetters to digest.
UK retail sales tick up in July after summer discounts and Euros boost August 16, 2024 Friday's data is among a raft of economic figures released this week that will provide key indicators for Bank of England policymakers as they decide whether to cut interest rates in September.
UK economy grows 0.6 per cent in second quarter, in line with expectations August 15, 2024 The UK economy grew in line with expectations in the second quarter of 2024, as it continued to bounce back from a shallow recession.
UK unemployment falls unexpectedly as wage growth slows to two-year low August 13, 2024 UK unemployment unexpectedly fell in the three months to June while a slowdown in wage growth to its lowest level in more than two years added to signs that the jobs market is cooling.
UK economic data dump set to bolster case against September rate cut August 12, 2024 A slew of official UK economic data this week is poised to bolster the case for policymakers at the Bank of England not to cut interest rates next month, with inflation forecast to rise for the first time this year.