The European Central Bank could cut interest rates more than three times this year and the reductions should not be held back if the US Federal Reserve delays its own cuts, Lithuanian policymaker Gediminas Simkus said today.
The Bank of England said today it would implement a "substantial upgrade programme" to improve its economic forecasting, after a probe found it had "deteriorated significantly" in recent years.
ASDA is making a big change to popular food items and it could divide shoppers' opinions.The supermarket giant has said it will remove use by dates on...
Money markets suggest the Bank of England could raise rates from 1.75% to 2.5% this week, as policymakers try to get to grips with soaring inflation...
The fifth round of Eurofound's e-survey, fielded from 25 March to 2 May 2022, sheds light on the social and economic situation of people across Europe two...
This story has been a long time in the making: is Italy the next source of a Euro crisis. Italian debt levels are rising and low levels of growth have raised interest rates and caused concerns about whether the country can remain in the Eurozone.
The current level of Italian debt is 130% - well over the levels of debt permitted by the Growth and Stability Pact. Well worth keeping an eye on.
Apparently, a small minority of British firms are prepared for a no deal Brexit. What a surprise. However, with Boris in charge, I'm sure that everything will turn out all right in the end. Ho ho.
As things stand 90% of British firms still haven't registered with HMRC to facilitate imports and exports via the Transitional Simplified Procedures (TSP)
Annual UK food price inflation fell to 3.9% last month and is now well below 2023 levels, but meat, dairy and eggs still remain significantly pricier than 2019.
A more hawkish position on monetary policy from within the MPC, albeit an external member. However, Catherine Mann is of the view that markets think rates will fall faster than they are likely to, and that the Bank is under no obligation to cut rates to keep markets (or the government) happy.
You have to take your hat off to the man. This is why he earns the big bucks.
Apparently no-deal Brexit might require interest rate cuts. I suspect that my Year 12 economists have figured this out. Without the £480,000 per year salary or £250,000 per year housing allowance.
More good news from Brexit - however, you dice and slice it, it seems that Brexit is going to have an adverse effect upon the public finances. Well, I never. Who would have thought it?
Of course, it's all going to be offset by the £350m per week we're no longer sending to Brussels. Apart from the fact that the net figure was much, much lower, and we're also likely to have to pay of 'divorce' settlement as part of our contribution to the EU budget.
Alas, poor Italy - it has fallen foul of the EU Growth and Stability Pact with debt levels of more than 130% of GDP, and not the 60% that the EU require.
Worse still, it's current policy choices are seen as to blame for this - with the decision to cut taxes, in the hope that growth will outstrip the growth in debt, thus reducing the % debt, seen as playing a key part in this.
To get content containing either thought or leadership enter:
To get content containing both thought and leadership enter:
To get content containing the expression thought leadership enter:
You can enter several keywords and you can refine them whenever you want. Our suggestion engine uses more signals but entering a few keywords here will rapidly give you great content to curate.