Services inflation should also cool in coming months, writes Nick Rees, FX Market Analyst at Monex Europe, though likely not fast enough to trigger BoE rate cuts before the second half of the year.
January 17,2024
Global investors are resigning themselves to a dawning reality that it might not be until mid-year that the Bank of England, U.S. Federal Reserve and European Central Bank cut interest rates.
January 17,2024
UK inflation will fall below the Bank of England's 2.0% target by May, according to new research.
January 16,2024
After brushing aside a hotter-than-expected CPI report last week, investors betting on an imminent pivot by the Fed were emboldened on Friday from a very soft set of producer prices.
January 15,2024
There's a chance mortgage rates could stay put for a while, and the best rates could even be withdrawn, according to a new analysis from Hargreaves Lansdown.
January 11,2024
UK inflation is on course to record a swift decline to the Bank of England's 2.0% target thanks to plummeting costs facing producers and outright energy deflation.
January 10,2024
Eurozone unemployment has fallen to an all-time low and justifies the European Central Bank's message that there is no need to rush into interest rate cuts.
January 9,2024
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