Economics Financial News

29.08 / 12:55

economics inflation Bank of Japan Deflation Macroeconomics Global Japan at 'inflection point' in fight against deflation

'We should not dismiss the fact a window of opportunity may be opening to exit deflation,' Japan's government said.

29.08 / 12:55

economics US Fed Jerome Powell Global Powell maintains 'hawkish tilt' at Jackson Hole

Fed chair Jerome Powell spoke at the Jackson Hole symposium last week.

29.08 / 08:25

economics inflation UK BRC British Retail Consortium Low UK shop price inflation slows to 10-month low

Food inflation fell to 11.5% from 13.4% in July.

28.08 / 19:35

business Investments Analysis economy economics Opinion crypto volatility The bright side of Evergrande’s collapse? More crypto volatility

As Evergrande Group, China’s heavily indebted property developer, files for bankruptcy in the United States, many are concerned about how this will impact the global economy and cryptocurrencies. The situation represents one of the largest debt faultings in the world and will have sizable ramifications.

23.08 / 08:03

economics UK Debt Office for National Statistics Tax cut hopes raised as UK borrows less than expected in July

In the first quarter of the financial year, the UK’s borrowing stood at £56.6bn.

23.08 / 08:03

economics Bank of England Interest rates Bank of England warns higher rates could lead to corporate defaults

The share of non-financial UK companies under this stress — those with a low ratio of earnings to interest expenses — will rise from 45% in 2022 to 50% by the end of this year, the BoE said.

17.08 / 12:45

economics People moves SJP place St James's Place appoints head of economic research

Hetal Mehta, head of economic research at St James’s Place

17.08 / 12:45

economics US Interest rates Fed Future rate hikes interest rate hikes Reserve Federal Reserve officials split over future path for interest rate hikes

After hiking interest rates to their highest in 22 years last month, the central bank’s Federal Open Market Committee minutes revealed cracks in the consensus among members.

16.08 / 09:13

economics inflation Bank of England UK ONS Office for National Statistics UK inflation continues sharp descent to 6.8% in July

The Bank of England

15.08 / 20:21

economics inflation US Interest rates Global Retail Sales US retail sales beat expectations to rise 0.7% in July

Total sales for the May 2023 through July 2023 period were up 2.3% from the same time a year ago.

11.08 / 08:41

economics UK Chancellor of the Exchequer ONS Office for National Statistics 'Better than expected' UK GDP grows 0.5% in June

'The Bank of England is now forecasting that we will avoid recession.'

10.08 / 19:21

economics inflation US US Federal Reserve US inflation Macroeconomics US inflation records first increase in 13 months as July CPI edges up to 3.2%

The Federal Reserve

09.08 / 12:43

G20 economics Deflation Time fall China moves into deflation as prices fall for first time since early 2021

Average CPI over the year so far has been 0.5%, severely lagging the government’s target average inflation rate of 3%.

08.08 / 12:03

economics inflation Bank of England UK food inflation BoE's Huw Pill: Food prices may never return to pre-inflation levels

Bank of England chief economist Huw Pill | Credit: Bank of England

07.08 / 11:47

economics inflation Bank of England UK Interest rates Monetary Policy Committee reports Bank of England's Huw Pill: Monetary policy tightening 'is working' - reports

Huw Pill (pictured) is chief economist at the Bank of England Credit: Bank of England

04.08 / 17:43

economics US Neil Birrell Evelyn Partners Lower than expected job creation in the US lifts hopes for 'soft landing'

Today’s US jobs data has lifted hopes that the country's economy could achieve a soft landing.

03.08 / 16:01

economics inflation Bank of England UK Interest rates Macroeconomics Bank of England hikes rates by 25bps to 5.25%

The Bank of England

01.08 / 07:39

economics growth GDP Global Eurozone Eurozone economy grows faster than expected

The single currency area stagnated at the start of the year, registering no growth, and it only narrowly avoided falling into a technical recession.

28.07 / 13:57

economics Federal Reserve Bank of England UK Monetary Policy Committee Former Fed chair Ben Bernanke to lead Bank of England forecasting review

Former Federal Reserve chair Ben Bernanke

28.07 / 13:57

markets economics inflation Interest rates Global Bank of Japan keeps interest rates negative as it sets out flexible yield curve control plans

'In order to encourage the formation of a yield curve, the bank will continue with large-scale Japanese government bond purchases.'

27.07 / 21:19

business Analysis economy economics Opinion inflation Interest rates Why is Jerome Powell gaslighting us about the odds of recession?

Over the last 12 months, market analysts and commentators have relentlessly predicted that the United States is heading for a recession. However, the U.S. economy has been remarkably resilient and defied the forecasts. Indeed, we now have the U.S. Federal Reserve discounting a recession from its current modeling, as Fed Chair Jerome Powell emphasized at the Fed’s July press conference.

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