The more President Donald Trump threatens tariffs on the US’s trading partners, the more the worry of another inflation wave troubles global economists. Stubborn consumer-price growth was bothering ...
Rachel Reeves has suffered another blow in her bid to boost tepid economic growth after the Bank of England played down the idea of a big interest rate cut later this year. At such a critical moment ...
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 ...