Stock market today: Wall Street slips as U.S. consumers get more worried about inflation
U.S. stocks are slipping Friday after a discouraging report suggested U.S. consumers are bracing for higher inflation, while ...
Bank of England poised to cut rates but inflation worries linger
The Bank of England looks set to cut interest rates on Thursday for only the third time since just after the start of the ...
Dovish BoE officials cut rates in the face of hawkish forecasts
The BoE’s forecasts suggest it will only cut rates two more times over the next three years on the back of higher inflation and weaker underlying growth capacity. The 7-to-2 vote to cut rates with a ...
Remembering the ‘left tail’
The left “tail” is the unusually bad one. The global financial crisis was a left-tail event. So was the oil-price collapse in 2016. Put simply: Not good! From GS: ...
BoE’s grim outlook highlights scale of the challenge for Rachel Reeves
The weak outlook underlines the challenge facing chancellor Rachel Reeves after she pledged that growth was the government’s number one mission. It raised fresh questions about the fiscal outlook, ...
Donald Trump faces backlash from business as tariffs ignite inflation fears
Donald Trump faced a backlash from business groups and some in his own Republican party after kicking off a trade war by imposing steep tariffs on the US’s three largest trading partners.
How to trade the trade war?
Global investors had time to prepare for Donald Trump’s tariffs but swift market reversals are keeping them on edge ...
Is the US jobs market still looking solid?
Last week the Federal Reserve described the US labour market as “solid” and noted that the unemployment rate had stabilised. This week’s monthly jobs report on Friday will put that view to the test.
FTSE 100 hits record high ahead of expected interest rate cut
Most sectors in the FTSE 100 were up, boosted by strong corporate earnings. AstraZeneca, the FTSE 100’s most valuable company, rose 4.8 per cent following better than expected results. Shares in ...
Is Trump making the political weather for Labour?
Party struggles to convince on growth and improving services but risks mimicking the right to communicate ‘change’ ...
Transcript of FT interview with Olli Rehn
FT: In November, European Central Bank president Christine Lagarde suggested an alternative approach: do not retaliate immediately but try to find a constructive solution fast. If this initial stage ...
Javier Milei’s quest to defuse Argentina’s currency control bomb
Argentina’s libertarian President Javier Milei is promising to lift the country’s strict capital and currency controls this year, starting the clock on a high-risk mission that is essential to his ...