JPMorgan chief Jamie Dimon warns of ‘stickier inflation and higher rates’ as markets trim Fed bets April 8, 2024 Jamie Dimon, the long-serving chief executive of JPMorgan Chase, has warned that higher government spending could result in stickier-than-expected inflation and higher interest rates in the US.
Almost two thirds of Tory councillors unhappy with party, poll finds April 8, 2024 Almost two thirds of Tory councillors are unhappy with the Conservative party, new polling by a Labour think tank has found.
US inflation to attract attention as concerns grow over Fed interest rate cuts April 7, 2024 Markets will be hoping for stronger evidence that US inflation is falling to target when the latest figures are released on Wednesday.
Why lower interest rates might not offer much support to the UK economy April 6, 2024 Although the UK fell into a recession in the second half of last year, most economists are confident that growth will return this year.
FTSE 100 today: London stocks brace for muted trading amid risk-averse sentiment; all eyes on US jobs data for guidance April 5, 2024 Wall Street's sharp decline led to a ripple effect, with Asian stocks following suit. Meanwhile, oil prices surged amid escalating Middle East tensions, while gold pulled back. All eyes now turn to the US jobs report and U.K. housing prices for further market direction.
FTSE 100 today: London markets set to open higher following Asian peers’ lead April 4, 2024 Japan’s Nikkei led an Asian market rally. Oil and gold prices soared. Federal Reserve Chair Jerome Powell reiterated a cautious stance on rate cuts, while investor focus shifts to upcoming Fed speeches and U.S. jobs data.
Spotify exec: The UK must break Apple’s stranglehold on new tech April 4, 2024 Apple's anticompetetive conduct is holding consumer choice in a stranglehold. The Digital Markets Bill has the power to break it.
Buy-to-let repossessions jump 56 per cent as higher interest rates bite April 3, 2024 The buy-to-let market has been hammered by higher interest rates with lending plummeting and arrears rising, according to new data released by UK Finance.
Three reasons why the gold price is hitting new highs April 3, 2024 Investors and governments are all too wary of another fallout akin to when Vladimir Putin first invaded Ukraine two years ago
Government debt sells off after Easter as higher-for-longer interest rate fears resurface April 3, 2024 "European bonds dropped, tracking the previous day’s selloff in Treasuries, as traders priced the possibility of fewer interest-rate cuts from the Fed," analysts at Liberum noted.