The September PMI data may have swayed the MPC to vote 5-4 in favour of maintaining bank rate at 5.25%. This could be a policy mistake. Politicians had been pressuring…
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If the FOMC opts for one more rate hike, and holds, the bond market will do the rest of the tightening. The rest of the Treasury yield curve will shift…
Pressures on the healthcare system and social care in the UK are building. Moody’s expects more English councils will fail, due to the falling value of commercial property investments, high…
Extreme weather events are pushing up the cost of reinsurance: this is the message from the chief executive of Lloyd’s of London. Insurers are having to change the way they…
The prime-age LFPR (men & women) rose to 83.48% in August, the highest since May 2002. The prime-age EPOP remained at 80.9% last month, the highest since April 2001. This…
The 10-year US Treasury yield rose to 4.34% on August 21st – the highest since November 2007 – but has since pulled back on signs of softening in the US labour…
