Economists at U.S. bank Wells Fargo say they now see a U.S. recession in 2023 as being more likely than not as the Federal Reserve succeeds in slowing economic growth to the extent inflation declines.
June 17,2022
The Bank of England (BoE) raised its interest rate again this week and gave new guidance that appears to leave everything rested on economic data emerging from the UK in the months ahead, energy prices and the response of companies and households to October’s uplift in the ‘energy price cap.’
June 17,2022
UK-based lender Barclays have raised their forecast profile for the Bank of England's key interest rate while warning a 50bp hike in August is now likely.
June 17,2022
The European Central Bank will raise its key Deposit Rate well above 0% before the year is done, but this risks raising Eurozone fragmentation risks warns Bank of America.
June 8,2022
"We forecast a mild technical recession at the turn of the year" - Barclays.
June 7,2022
Federal Reserve (Fed) monetary policy and the financial conditions that it influences have shifted in a tighter direction at a rapid pace since June last year but several influential members of the Federal Open Market Committee (FOMC) suggested this week that markets may yet have to move further in the months ahead.
June 3,2022
The Bank of England (BoE) could well need to lift interest rates further in the months ahead, a member of the Monetary Policy Committee has said, in order to ensure that a near double-digit inflation rate eventually returns to the coveted target of two percent over the medium-term.
June 2,2022
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