by Jonathan Cook | Feb 13, 2025
With headline consumer price inflation at its highest since June 2024, markets are appraising the prospect of tariffs in a new light. Any trade restrictions will likely have an inflationary impact and that could be a drag on the US economy, and therefore to the US...
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by Jonathan Cook | Feb 13, 2025
The euro retraced most of Tuesday’s losses against the pound yesterday and hit back after the US dollar’s inflation-induced rally. The threat of tariffs still dominates discussions and could be a stumbling block for the euro even as its leaders issue defiant,...
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by Jonathan Cook | Feb 13, 2025
The UK economy grew by 0.4% in December and by 0.1% across the final three months of 2024. Both of those figures were higher than expected and help to ease the pressure on both sterling and the UK government, which has staked much on its ability to promote growth....
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by Jonathan Cook | Feb 13, 2025
Today’s GDP figures are an unexpected (but entirely welcome) boost for the pound. Fears had been building that a period of stagflation had arrived, and although many of those risks are still present, sterling will surely welcome an upturn in previously shaky economic...
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by Jonathan Cook | Feb 12, 2025
The skies brightened for the pound on Tuesday and helped brush off the blues from what has otherwise been a dark and dreary February. GBP/EUR continues to trade at around its highest in a month and sits within touching distance of its highest this year. That’s good...
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