By Craig Erlam Everyone at the Bank of England undoubtedly breathed a collective sigh of relief on Wednesday, joining the rest of us, as inflation subsided much more than expected in August.
By Craig Erlam Eurozone headline inflation was slightly lower than the 5.3% initially reported in August, while core was unrevised and is now modestly higher. Both are expected to fall going into
By Craig Erlam A cautious start to the week ahead of a bunch of central bank meetings that will likely set the tone for the remainder of the year. There’s every chance
By Craig Erlam A busy week comes to an end with a triple witching event that no doubt added to the lively conditions. And next week is only going to go up
By Craig Erlam The ECB raised interest rates again on Thursday, probably for the last time in the tightening cycle although it did leave itself some flexibility on that front. The 25-basis-point
By Craig Erlam The UK economy contracted faster than expected in July, which is weighing on the pound Wednesday morning. GDP fell 0.5%, faster than the 0.2% contraction expected, but as has
By Craig Erlam The Bank of England may have little option but to raise rates again next week, despite comments recently indicating the debate will be fairly balanced. The UK labour market
By Craig Erlam A relatively quiet start to the week from an economic data perspective, but we saw some decent moves in the markets, particularly in the Japanese yen. The yen jumped
By Craig Erlam A big couple of weeks are in store for the Bank of England and Friday’s figures may support the case for a more balanced debate on September 21,
By Craig Erlam The Australian dollar fell further Tuesday morning despite the RBA holding interest rates steady and warning that further tightening may be necessary. The central bank warned that while inflation
