Wage growth hotter than expected but unemployment rises in headache for Bank of England April 16, 2024 Wages are closely monitored by the Bank of England for signs of how its campaign of interest rate hikes are impacting the wider economy.
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?
Bank of England commits to ‘once in a generation’ reform after Bernanke review April 12, 2024 The review, launched last summer, was led by Ben Bernanke, who chaired the Federal Reserve between 2006 and 2014.
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.
UK corporate health ‘stabilises’ as Germany remains ‘most distressed market’ in Europe April 11, 2024 The findings will boost confidence that the UK's corporate sector will face fewer pressures than last year, when 25,000 firms went bust.
Bank of England: Interest rate cuts should ‘still be way off’, MPC member Greene warns April 11, 2024 Greene argued that the UK was actually more at risk of persistent inflation than the US because it has "much more constraint" on the supply side.
What is the Bank of England’s ‘once in a generation’ Bernanke review? April 9, 2024 The review, launched last summer, was led by Ben Bernanke, who chaired the Federal Reserve between 2006 and 2014.
Early Easter boosts retail as Brits splash out on food and homeware before summer April 9, 2024 Retail leaders also issued warnings about impending costs such as the rise in minimum wage and business rate hikes, urging the government and Labour to take more action ahead of the General Election.