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Echoes of last week's speech by Mark Carney as well as this week's macro fundamentals and the Conservative Annual Conference are set to determine the sterling curve this week. The pound has been under...
Two Bank of England (BoE) policymakers, Martin Weale and Ian McCafferty, are expected to have voted again for a rate hike in September, the same as they did in August. The rest of the nine-member...
The UK inflation rate is expected to slow further in August. Price pressures appear to have remained subdued recently, offering the Bank of England more leeway to maneuver in an ultra-loose monetary...
Opinion polls on the Scottish independence referendum have shown some conflicting results although the majority of polls suggests it is neck and neck between the 'Yes' and 'No' camps. As political...
The Bank of England's top policymakers and Westminster parliamentarians are expected to discuss the prospects for UK monetary policy amid elevated uncertainty surrounding the Scottish referendum, and...
An unexpected lead in the latest poll swaying in favor of the Scottish 'Yes' camp sent a shock through the market, with the pound plummeting and Westminster spinning into a panic. The latest poll by...
Bank of England is expected to keep monetary policy on hold in September and will likely remain in wait-and-see mode at least until the next round of economic forecasts due in November.The latest...
The UK inflation rate falling well below target should allow the Bank of England to stay relaxed about keeping the base rate at a record low for longer. Still, volatility may hit the markets if the...
The UK Inflation rate is expected to slow down in July after it spiked sharply toward the target a month earlier. Price pressures remain subdued as the Bank of England struggles with the wage growth...
The UK labor market has been tightening briskly in recent quarters, while productivity and real wage growth remain well below pre-crisis levels. The UK economy is getting back to normal. Although...
Sterling has been gaining strength since July last year, rising 13.64% against the US dollar. The UK currency's strength has been driven mostly by stronger-than-expected economic growth at home,...
Intense arguments on productivity, labor market slack and wage growth are expected to dominate debate among Bank of England policymakers ahead of the August Inflation Report. The Bank of England's...
The latest set of credit flow data confirms suggestions the UK economy remains poorly balanced with growth primarily hooked on debt-driven household consumption.One of the concerns among commentators...
The first estimate of UK gross domestic product should show the economy kept 'firing on all cylinders' during the second quarter. Still, the BoE remains cautious about tightening policy as the weaker...
A key judgment for the MPC is to see how fast wage growth picks up in time and how it will impact the medium-term inflation outlook, Bank of England Governor Mark Carney said today.The Bank of England...
It is widely expected the nine-member rate-setting committee remained unanimous on monetary policy, but the logs from the July meeting may reveal some members' decisions became even more balanced...
The first reading of UK Q2 growth due this week is seen as the main release driving the markets. Expectations point to a continuation of strong output although downside risk looms.The more the first...