by Jonathan Cook | Feb 17, 2026
The UK’s headline unemployment rate increased slightly to 5.2% in the three months to December, slightly exceeding market forecasts and marking the highest jobless rate in almost five years. Average earnings meanwhile fell to 4.2% (both when excluding and including...
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by Charles Purdy | Feb 16, 2026
The febrile atmosphere at Westminster calmed, somewhat, last week, leaving the pound treading water against the US dollar and euro. It looks like a currency waiting for a reason to pick a direction, and that may come soon. This is the week when economics comes back to...
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by Christopher Nye | Feb 16, 2026
America is having one of those public holidays that crop up at strange times, this time for George Washington’s birthday. The big event this week is the release of the minutes of the US Federal Reserve’s monetary policy committee meeting on Wednesday, with the FOMC...
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by Christopher Nye | Feb 16, 2026
The euro has remained composed while politics and economic credibility have strained other currencies. Will the data keep on validating the idea of a slow, controlled path for interest rates? Tomorrow we’ll have the influential ZEW Economic Sentiment Index for both...
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by Christopher Nye | Feb 16, 2026
Sterling ended last week relatively unmoved against both the US dollar and the euro. It looks like a currency waiting for a reason to pick a direction, and that may come soon. The Office for National Statistics (ONS) has labour-market updates tomorrow, inflation on...
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