US Fed officials are wrestling with signs of a slowing economy and sticky inflation.
US Fed officials are wrestling with signs of a slowing economy and sticky inflation.
The Financial Policy Committee concluded the UK banking system is both resilient and able to support growth.
Inflation at 0% is unlikely to persuade the SNB to make a move on rates this month.
With the US Fed poised for two more cuts and the ECB potentially turning hawkish, Nuveen’s Laura Cooper highlights where European bond investors can find value next year.
Service providers reported lower consumer confidence and subdued business activity.
At 2.2%, overall inflation in November came in higher than in October and slightly above expectations, while core inflation was unchanged and in line with forecasts.
Inflation is expected to remain close to target, meaning the ECB is unlikely to change interest rates.
After an unprecedented accidental leak from the OBR, Chancellor Rachel Reeves confirms tax rises and personal finance changes at the budget.
Traders have dramatically shifted their expectations for whether the US Fed will lower rates next month.
The European Central Bank is widely expected to end its rate-cutting cycle in 2025 .