Did central banks get the inflation crisis right?
Policymakers are lowering rates and signalling new confidence that a ‘soft landing’ is possible. But few are ready to declare victory ...
Week Ahead for FX, Bonds: U.S. PCE Inflation Data, Australia Rate Decision
Hungary's central bank announces a rate decision on Tuesday. Analysts at UniCredit Research expect a 25 basis-point cut in Hungary's policy rate, from 6.75% currently, particularly given the central ...
Public sector pay deals risk keeping ‘mortgage costs higher for longer’
Workers’ demands for big pay rises risk prolonging the inflation crisis and forcing the Bank of England to keep interest ...
British government borrowing reaches record $18.2B for August
British government borrowing jumped by almost a third to $18.2 billion last month compared with August 2023, taking borrowing ...
Car Dealer Magazine6h
Cox Automotive welcomes ‘stability’ for car dealers as interest rates stay at 5%
The Bank of England's decision to keep interest rates at 5% brings a 'sense of stability' to the UK motor trade. That is ...
Painful budget warning spooks people's confidence
The longest-running measure of consumer confidence fell sharply in September, raising concerns about whether government ...
Bank of England’s Mann warns of ’embedded’ UK inflation risk after decision to hold
"Structural behaviours in UK labour and product markets appear to have systematically embedded inflation," she said in a ...
Bank policymaker says higher interest rates needed to ‘purge’ inflation risks
Bank policymaker says higher interest rates needed to ‘purge’ inflation risks - Catherine Mann, a member of the Bank’s ...
KTEN10h
UK economic data delivers fresh blow to new govt
UK state debt is as big as the country's economic output for the first time since the 1960s, data showed Friday, as the new ...
BOE’s Mann Says MPC Should Move Slowly Then Cut Aggressively
Bank of England policymaker Catherine Mann said she would prefer to keep rates higher for longer and then cut more ...
The Iron Mountain Daily News11h
Wall Street soars to records in a rate-cut rally
Wall Street romped to records Thursday as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to interest rates. The S&P 500 jumped 1.7% for one of its best days of ...
The Fed Joins The Global Easing Cycle
On Wednesday, after what has felt like one of the longest and most painful hiking cycles, the Fed announced a change to their ...