London closes in on New York as world’s top financial centre with Square Mile set for rebound March 21, 2024 London is narrowing the gap with New York for the title of the world's top financial centre, according to a new survey, as the City looks set to rebound from a slump in dealmaking and capital markets activity.
Will the US government’s ballooning fiscal deficit put the Federal Reserve’s independence at risk? March 20, 2024 Fiscal dominance is when the decisions of an independent central bank are driven by how it might impact governments rather than inflation.
Jeremy Hunt suggests the state pension triple lock is unsustainable. Is it? March 20, 2024 Jeremy Hunt suggested that the state pension might have to come "under review" in the coming years as an ageing population puts ever greater strain on the public finances.
Sharp fall in inflation not enough to change the Bank of England’s approach – yet March 20, 2024 The Monetary Policy Committee (MPC) meets tomorrow and will almost certainly leave interest rates on hold despite today's inflation figures.
Inflation drops faster than expected ahead of Bank of England’s interest rate decision March 20, 2024 The figures come just a day before the Bank of England announces its latest decision on interest rates.
FTSE 100 today: Inflation data and US Fed policy decision to set footsie’s course March 20, 2024 Asia's markets were mixed, while China’s central bank maintained steady loan prime rates. The rally of Bitcoin and Ether takes a breather. Investors focus on UK inflation data and the upcoming US Federal Reserve meeting for insights on future interest rate policies.
Low-productivity public services need ‘revolution’ to avoid cuts, Hunt says March 19, 2024 Hunt said the "only" way this could be delivered without cuts to public services was if there was a "productivity revolution".
Will the Federal Reserve and Bank of England surprise investors this week? March 19, 2024 The Fed will reveal its latest decision on Wednesday before the Bank's announcement on Thursday.
The Bank of England should cut rates soon – but timing is everything March 19, 2024 There's no doubt that cuts should start soon, but it might be wise to wait a little bit longer before reaching for the interest rate axe, writes Chris Dorrell.
Bank of Japan scraps negative rate policy in first hike since 2007 March 19, 2024 The Bank of Japan (BOJ) has delivered a seismic announcement, slamming the brakes on its negative interest rate policy—a bold departure from its long-standing stimulus measures.