Broadbent says wage-driven inflation should ultimately prove temporary, but his studies and emerging data do now pose a level of uncertainty.
July 22,2021
The European Central Bank’s new inflation-targeting strategy could lead to an even more protracted period of quantitative easing (QE) than has previously been anticipated by economists and is similar in its market implications to that of the Federal Reserve (Fed), although the strategy could be better understood as a reflection of the ECB having learned from the mistakes of the past rather than as a response other central banks’ policies.
July 8,2021
Chief Economist of the Bank of England Andy Haldane has warned the UK economy is starting to overheat and unless quantitative easing is withdrawn soon uncomfortably high levels of inflation will become embedded.
June 30,2021
The Lloyds Bank Business Barometer confirms business confidence remained robust and job prospects rose further in June.
June 30,2021
Data shows UK households to have saved more money than economists had expected in the first three months of 2021, suggesting the post-lockdown recovery could eclipse existing economic growth forecasts.
June 30,2021
The UK's current account deficit shrank in the first quarter of 2021, a development that is fundamentally supportive of Sterling exchange rates on a long-term basis.
June 30,2021
Annual house price growth in the UK rose to 13.4% in June, the highest level since November 2004, but economists says we could be approaching the 'high water' level in the market.
June 29,2021
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