Labour hoarding makes life difficult for Bank of England, rate-setter says May 16, 2024 Labour hoarding since the pandemic has helped fuel inflation and could mean rates have to remain high, a Bank of England policymaker said.
London’s FTSE 100 could ‘kick on’ further despite record breaking run May 16, 2024 The blue-chip index has gained 8.9 per cent so far this year and has set 12 all-time highs in May, a record since the FTSE's creation in 1984.
FTSE 100 today: London markets set to surge, riding global rally fuelled by US inflation relief May 16, 2024 Asian stocks echoed Wall Street's optimism on Fed rate cuts. Oil and gold surged, eyes on US Philly Fed Index, BT Group, Walmart earnings.
Bernanke: Inflation was ‘unavoidable’ but the Bank of England needs to change May 15, 2024 The surge in inflation seen over the past few years was "unavoidable," Ben Bernanke said today, as he outlined ways in which the Bank of England could navigate future uncertainty.
Relief as US inflation finally comes in below expectations May 15, 2024 Stubborn inflation at the start of the year has forced markets to reconsider when the Fed is likely to start cutting interest rates.
Inactivity, productivity and jobs: London’s economic disparities revealed in five graphs May 15, 2024 London is the powerhouse of the UK economy, but within London there are considerable differences on economic performance.
Southern Europe to help eurozone ‘turn a corner’ in 2024 as Germany stagnates May 15, 2024 The European Commission released its latest round of forecasts today.
Swiftonomics strikes with Eras Tour set to spark £1bn spending binge May 15, 2024 When the tickets were released last July, ticket sales sparked a 15.8 per cent increase in UK spending on entertainment.
FTSE 100 today: London markets set to extend positive streak; trends hinge on US inflation data May 15, 2024 Asian stocks mirrored Wall Street's rally. Sony surged on buyback news. Eyes on US CPI data and Burberry earnings.
Does hot wage growth derail hopes of a June interest rate cut? May 14, 2024 The first round of labour market figures was released this morning and it leaves policymakers in a bit of a bind.
