bank of england

London’s FTSE 100 rose by 0.3% on October 3, 2024, driven by gains in energy shares and an unexpectedly optimistic profit forecast from Tesco.

2024-10-03T08:56:00+0100

As the Bank of England prepares for its September rate decision, economists and market watchers anticipate a continuation of cautious monetary policy amid mixed economic signals.

2024-09-17T12:17:47+0100

The Bank of England will decide on interest rates this week. While an August rate cut is expected, it is not yet a done deal.

2024-07-29T15:28:38+0100

Eurozone flash consumer confidence comes amid rising uncertainty ahead of the French elections. Watch out for US building data and initial jobless claims.

2024-06-19T16:13:14+0100

​​Politicians and central bankers will be pleased that UK inflation has returned to 2% according to the latest data, but does that make a rate cut more likely?​

2024-06-19T15:59:21+0100

UK wage growth remained strong in the three months to April as a rise in the minimum wage boosted pay packets, despite a slowing jobs market.

2024-06-11T09:09:48+0100

Thursday, 6 June, is expected to bring the first rate cut by a major western central bank in the current cycle, a drop of 25bps from the European Central Bank (ECB). The volatility could come when the ECB put flesh on the bones.

2024-05-31T12:45:41+0100

The latest UK unemployment rate print will be interesting given it comes a week after the Bank of England kept rates unchanged, but signalled it was moving closer to cutting interest rates.

2024-05-13T14:47:47+0100