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.

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

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

S&P 500 E-Mini futures (ESU25) are trending down -0.62% this morning as sentiment took a hit after U.S. President Donald Trump ratcheted up trade tensions yet again. Late Thursday, President Trump ...

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

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

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

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

In June, the ECB slashed borrowing costs for the eighth time in a year, bringing its key deposit rate down by 25 basis points ...

Council staff will get 4% rise this year and 3.5% increase in 2026-27, after union members back improved local government pay ...

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

The UK economy shrank for the second consecutive month in May, in an early setback for new Chancellor Rachel Reeves and a ...