Households dealing with ‘peak’ pain from interest rates, says Bank of England official
Thanks for joining me. Retail sales suffered an unexpected decline in sales in October, official figures showed, in a sign...
archiveGlobal economy
The Cassandra warning that central banks are driving the world’s economy off a cliff
His argument runs that the financial system has become entirely geared around low interest rates after almost 15 years of...
Bank of England to cut interest rates as soon as May, economists predict
Thanks for joining us. The average price of a home coming on the market fell by more than £6,000 in...
UK stocks suffer sharpest fall in four months as economy flatlines
A cybercrime organisation says it is responsible for disruption experienced yesterday in the crucial market for US government debt, according...
Europe is slowly destroying itself as it heads for another lost decade
Germany is belatedly flouting this with massive state aid, but that in turn is to destroy the competition framework needed...
Blow for China as economy slides back into deflation
Thanks for joining me. China edged back into deflation territory as the world’s second largest economy was hit by weaker...
EU will be in recession by the end of the year, warns former ECB president
Thanks for joining me. Marks & Spencer has revealed a sharp increase in losses in its partnership with Ocado as...
Tools of economic statecraft are powerful — and can cause lasting harm – POLITICO
Julia Friedlander is CEO of Atlantik-Brücke in Berlin and former advisor for European affairs at the U.S. National Security Council...
Fed chief warns still ‘long way to go’ on inflation fight
The US still has a “long way to go” in the battle to get inflation back to 2pc, Federal Reserve...
Mortgage approvals at eight-month low ahead of interest rates decision
Mortgage approvals have fallen to an eight-month low as higher interest rates hammer buyers.Banks approved 43,300 mortgages last month, according...
