That, in a nutshell, is the problem. Central banks are still haunted by the most recent inflation spike, which economists everywhere – myself included – failed to predict.

Investors will focus on U.S. inflation data for June as they look to judge whether the Federal Reserve is likely to cut ...

Climate change is an increasing threat to the economy of the UK and around the world, a Bank of England boss has warned.

With Gross Domestic Product (GDP), Industrial and Manufacturing production figures missing expectations, a lift in EUR/GBP ...

THE UK economy shrank by more than expected in May, official figures reveal. The Office for National Statistics (ONS) said ...

The new data are at odds with previous predictions. Economists surveyed by Bloomberg forecast a 0.1% increase in GDP for May.

Britain's economy expanded rapidly in the first quarter of 2025, outstripping growth in other countries in the Group of Seven ...

Britain's economy contracted unexpectedly for a second month running in May, official data showed on Friday, compounding ...

Rachel Reeves has little to celebrate. Borrowing is up, inflation remains high and after a sugar rush at the start of the ...

ECB Official Sets High Bar for Another Rate Cut; Waller Says Call for Lower Rates Isn't Political By Roshan Fernandez ...

A fifth straight decline in initial jobless claims places even more emphasis on Tuesday’s CPI data to vindicate markets' ...

The UK economy unexpectedly shrank by 0.1% in May, following a 0.3% decline in April, defying forecasts of modest growth and ...