by Kiran Najran | Nov 30, 2018
The main release from the eurozone yesterday was the German inflation rate for November. It had been expected to fall to 2.4% from 2.5% the previous month, but it actually dropped to 2.3%. Last time, it hit a ten-year high, so the drop will be welcome news. Prices of...
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by Kiran Najran | Nov 30, 2018
After Jacob Rees-Mogg personally insulted the Bank of England Governor, Mark Carney, for daring to suggest that the UK’s withdrawal from the EU could have a negative impact on the economy, Carney defended the Bank’s analysis. Speaking on the Today Programme, Carney...
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by Kiran Najran | Nov 30, 2018
Following his comments yesterday, the Bank of England’s Mark Carney was interviewed on Radio 4’s Today Programme where he was asked about the central bank’s latest Brexit analysis. Governor Carney said it was part of BoE’s job to look at what could go wrong with...
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by Kiran Najran | Nov 29, 2018
The headline release from America yesterday was the second estimate of the GDP growth rate for the third quarter of 2018. Last time around, figures showed that the economy grew by a whopping 4.2% and a more modest figure of 3.5% was expected this time around. And so...
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by Kiran Najran | Nov 29, 2018
Given the fact that the majority of the people reading this (and the person writing this) reside in the UK, we perhaps don’t give enough thought to the fact that the EU will suffer if the UK crashes out without a deal. We expect sterling to significantly weaken...
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