Bank of England – Revised BoE Call – Hot Service Inflation Spells Trouble
On the back of continued strong inflationary pressures in the service sector, as evident in […]
Sterling Soars Once Again in the Wake of Consensus-Beating CPI
Markets US Treasury and German yields both ended a fairly quiet trading day a few […]
IMF recommends BoE cut rates by 50-75 bps in 2024
IMF issued a report today suggesting that with UK inflation currently 2% above its neutral […]
PMIs in Focus This Week
In focus today Today, we look out for several Fed speakers as Williams, Barkin, Barr, […]
Will UK Inflation Corroborate a June BoE Rate Cut?
Investors assign 60% chance for a June rate cut by the BoE UK CPI data […]
Pound Shrugs After BoE’s Broadbent Signals Rate cut
The British pound is almost unchanged on Monday. GBP/USD is trading at 1.2704 in the […]
BoE’s Broadbent: Summer rate cut possible
In a speech today, BoE Deputy Governor Ben Broadbent indicated that if current forecasts hold, […]
Week Ahead – Flash PMIs, UK & Japan CPIs in Focus; RBNZ to Hold Rates
After cool US CPI, attention shifts to UK and Japanese inflation Flash PMIs will be […]
Pound Edges Lower as UK Labor Market Cools
The British pound has posted slight losses on Tuesday. GBP/USD is down 0.08%, trading at […]
BoE’s Pill: Summer rate cut not unreasonable
BoE’s Chief Economist Huw Pill suggested today that it is “not unreasonable” for central bank […]
Will UK Jobs Data Give Any Meaningful Signal?
UK set to report further softening in employment conditions Data accuracy issues persist, but wage growth could […]
BoE’s Bailey signals next move as rate cut amid expected drop in inflation
BoE Governor Andrew Bailey indicated overnight that he anticipates the next move in monetary policy […]