Pandemic period gains for stock markets and the resulting windfalls for investors have been cited by Federal Reserve (Fed) Chairman Jerome Powell for a sharp increase in retirements that is lifting pay growth for workers but also contributing to inflation and helping to drive interest rates higher.
December 1,2022
New data shows UK house prices are falling and economists say this is just the start.
December 1,2022
Eurozone inflation data came at a lower-than-expected rate.
November 30,2022
UK business confidence plumbed new lows in November and more firms intend to hike prices says Lloyds Bank.
November 30,2022
A member of the Bank of England's Monetary Policy Committee (MPC) warned the Bank risked losing its battle in bringing inflation down to its 2.0% target.
November 29,2022
Bank of England statistics reveal an increase in the amount of money saved by earners, while credit lending is below longer-term averages and mortgage approvals are falling in response to higher interest rates.
November 29,2022
Leading indicators suggest job losses will soon drive unemployment higher and that it could climb faster than many forecasters expect, according to Pantheon Macroeconomics, meaning that a commonly-relented shortage of labour in the UK may now be about to dissipate as if it were a phantom.
November 25,2022
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