Tag: Economic indicators
Inflation Drops Below 2% Target for First Time in Three Years
UK inflation has fallen below the 2 per cent target for the first time in over three years, according to the Office for National Statistics. The consumer price index (CPI) dropped to 1.7 per...
Consumer Confidence Plummets Due to Reeves’ Negative Impact – Updates
Consumer Confidence Plummets Due to Reeves' Negative Impact - UpdatesAs industry data continues to pour in, it is becoming increasingly clear that Rachel Reeves' repeated references to a £22 billion black hole in the...
Jobless Rate Edges Down as Pay Growth Slows to Two-Year Low
Jobless Rate Edges Down as Pay Growth Slows to Two-Year LowThe latest official figures from the Office for National Statistics (ONS) reveal a mixed picture for the UK job market. While the unemployment rate...
Inflation Reaches 2.2% for First Time in 2021, Dashing Hopes for Interest Rate Cuts
UK Inflation Hits 2.2% in July, Impacting Interest Rate OutlookUK inflation has risen to 2.2 per cent in July, marking the first increase this year and impacting the outlook for interest rates in the...
Wage Growth Slows to Two-Year Low Amid Falling Unemployment
UK earnings growth has slowed down to its lowest level in over two years, while the unemployment rate has surprisingly dropped, according to recent official figures. The data revealed that the rate of unemployment...
Potential Impact of Wage Growth on Inflation Predicted by BoE Policymaker
Catherine Mann, a member of the Bank of England's Monetary Policy Committee (MPC), recently expressed concerns about the potential impact of wage growth on inflation in the UK. She warned against being complacent about...
Fed Signals Upcoming Interest Rate Cuts
The US Federal Reserve decided to keep interest rates steady for the eighth meeting in a row, but hinted that rate cuts could be on the horizon. This decision was expected by investors and...
Navigating the Mortgage Market: Challenges & Opportunities Ahead of Rate Decision
As the housing market continues to fluctuate, potential homebuyers are faced with both challenges and opportunities when it comes to navigating the mortgage market. With an impending rate decision on the horizon, it's important...







