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BoE chief economist Huw Pill warns that returning inflation to the 2% target may prove more difficult than anticipated.
While the good news is that the ONS will start using scanner data from March next year, the bad news is that inflation has again been overestimated in the UK. For more on this read my colleague Louis ...
For now, Kugler said, the Fed is well positioned to respond to changes in the economy after holding interest rates steady at three straight policy meetings to start 2025. Trump's China Deal Makes ...
Retail sales surged 7% in April thanks to sunny weather and a late Easter, with sharp rises in DIY, gardening, and pub ...
The Lloyds share price has fared well so far in 2025. But with some big issues on the horizon, can it keep going over the ...
Britain’s unemployment rate has reached the highest level since August 2021, official data showed Tuesday, with businesses facing a UK tax hike and US tariffs. The rate climbed to 4.5 percent in the ...
Bank of England Chief Economist Huw Pill said on Tuesday that he was worried that inflation in Britain could prove stronger ...
Sterling recovered some ground against the dollar on Tuesday after weakening in the previous session, when the United States ...
Traders will be on edge today ahead of US inflation data, which is set to show the early impact of Trump's trade war.
Official data showed the rate climbed to 4.5% in the first quarter compared to 4.4% for the three months to the end of ...
Bank of England rate setter Alan Taylor Monday said he would have to rethink his support for lower interest rates if there was rapid progress towards ending international trade conflicts. Taylor last ...
Sterling depreciated against the dollar as the U.S. and China agreed to cut tariffs, improving global risk sentiment. The Bank of England reduced interest rates amid economic uncertainty. Upcoming UK ...
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