Bank of England (BoE) Chief Economist Huw Pill caused controversy this week when saying everybody must accept being poorer due to inflation but this wouldn't have been so if he also explained how inflation risks taking food directly from the plates of people in some of the world's very poorest countries.
April 28,2023
The Eurozone economy eked out growth in the first quarter of the year but looking at the details reveals Germany is proving a drag while peripheral nations such as Spain and Italy saw robust growth.
April 28,2023
Bank of England (BoE) Chief Economist Huw Pill drew the ire of market pundits, media commentators and members of the public alike this week with the publication of controversial remarks suggesting Britons should just "accept that they're worse off," due to inflation, and below is the fanmail.
April 27,2023
The GfK Consumer Confidence Barometer posted a third consecutive monthly gain in April as it reached its highest level since February 2022.
April 21,2023
TS Lombard says two more Bank of England interest rate hikes are possible in the first half of 2021, and that the risks of a policy mistake are also growing.
April 20,2023
Small businesses in provincial American townships account for around a quarter of output from the world's largest economy and are likely to be the most adversely impacted by the tighter lending standards resulting from last month's trouble in the banking sector, according to research from Goldman Sachs.
April 18,2023
The UK reported another strong set of labour market statistics that will maintain pressure on the Bank of England to raise interest rates again in May, however, signs of a slowdown are becoming increasingly clear say some economists.
April 18,2023
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