The Bank of England’s recent decision to pause interest rate hikes has been met with relief, but it should go further and stop hikes altogether, warned the CEO of a leading independent
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 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 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 pound was on the decline again on Thursday, having fallen over the last couple of days on the back of some worrying economic figures from the UK. Whether
By Craig Erlam Recent UK economic data has been a mixed bag, with wages rising at a much-accelerated rate, but inflation decelerating as expected. While the Bank of England will be relieved
By Craig Erlam The UK economy posted a small contraction in May which was much better than forecast, as the country continues to show strong resilience in the face of significant pressures.
By Craig Erlam Equity markets were broadly lower on Tuesday as traders monitor debt ceiling talks in Washington, take note of new IMF forecasts, and hear fresh warnings from the Saudi Energy
By Craig Erlam A day after the Bank of England upgraded growth and inflation forecasts for the UK, economic data confirmed on Friday the country posted growth (just) in the first quarter,