The Bank of England can be increasingly confident the impact of previous interest rate hikes are having an impact as British businesses reported in July that their expectations for inflation had fallen to an eleven-month low, while hiring intentions also fell.

August 1,2023

Salaries being offered to new starters in London's financial services industry are down sharply, raising hopes that a wage-lead inflation spiral is unlikely.

July 27,2023

Some economists say a widely monitored private sector survey is an indication that UK inflation could fall notably further by year-end, leading the Bank of England (BoE) to "pause" its interest rate cycle soon, but the broader implication is that the BoE may already 'overtightened' and could need to consider cutting borrowing costs in the near future.

July 25,2023

The fall in markets' expectations for a higher Bank of England base interest rates has reduced the likely peak for mortgage rates by about 70 basis points, according to a new analysis.

July 21,2023

Economists say although the prospect of a second consecutive 50 basis point rate hike in August has greatly receded following softer-than-expected June inflation figures, an elevated services inflation gives the Bank of England cause to hike on at least two more occasions.

July 19,2023

Goldman Sachs has lowered the odds the U.S. will fall into recession saying the disinflation process can continue without the need for a more material economic slowdown.

July 18,2023