Interest rates are one of the things Wall Street cares most about because lower rates can lead to higher prices for stocks ...
The rationale for the bank’s doves may be to frontload cuts — the UK still has some of the highest rates globally — before the rise in inflation makes it prohibitive. This was the market’s ...
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 ...
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.
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: ...
The Federal Reserve last week 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.
Global investors had time to prepare for Donald Trump’s tariffs but swift market reversals are keeping them on edge ...
Party struggles to convince on growth and improving services but risks mimicking the right to communicate ‘change’ ...
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 ...
As a reflection of just how suddenly Wall Street analysts have had to scramble to adjust to reality, Standard Chartered’s (presumably pre-written) Sunday Macro Strategy note said that “broader tariff ...
President Donald Trump’s tariffs on Canada and Mexico sparked panic and condemnation from the US’s top trading partners, who said the levies would devastate North America’s economy and overturn ...