Federal Reserve policy tightening is already making a mark on economies and currencies around the world but minutes of June’s meeting suggested this week that its impact could grow when making clear that interest rates may yet rise beyond the “modestly restrictive” level currently in the Fed’s crosshairs.
July 7,2022
The Bank of England's Chief Economist says he stands ready to vote for a faster rate of interest rate hikes, should he see further signs inflation is becoming embedded in the UK.
July 6,2022
The arrival of Nadhim Zahawi at the Treasury could herald greater pay hikes for public sector workers, increasingly embedded inflation expectations and more forceful interest rate hikes from the Bank of England.
July 6,2022
Gas prices might be surging but there is some relief in store for consumers as oil prices start to fall back. Analyst Fawad Razaqada of City Index writes further declines are possible.
July 6,2022
Momentum is slowing as average house prices were broadly unchanged in May, rising by just 0.1%.
July 1,2022
The latest Forum on Central Banking in Sintra, Portugal, offered insight this week into the thinking of the European Central Bank (ECB), Bank of England (BoE) and Federal Reserve (Fed) while also providing clues about the things that will matter for their interest rate policies in the months ahead.
July 1,2022
"Recession will likely be avoided this year," says Sonali Punhani, Chief UK Economist at Credit Suisse, as she delivers her team's latest forecasts for the UK economy.
June 30,2022
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