by Charles Purdy | Dec 17, 2025
Those years of high interest rates seem finally to be having an effect, as inflation has just been revealed to have come crashing down to 3.2% annually, much lower than expected and with many prices falling last month. Food and non-alcoholic drinks dropped most,...
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by Christopher Nye | Dec 17, 2025
Midweek brought no relief for the US dollar which lost another 0.50% against the pound (since reversed this morning) and half that against the euro on “Jobs Day”, as Bloomberg put it, with a data dump of employment numbers. Coming up tomorrow:...
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by Christopher Nye | Dec 17, 2025
The ECB is also making an interest rate decision tomorrow, but here no change is expected. Despite this, things were less positive for the euro with small losses against the pound, Swiss franc and others. We’ve got final inflation numbers for November coming up...
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by Christopher Nye | Dec 17, 2025
Sterling gained ground yesterday after the wages and PMI data but has reversed this morning following the inflation figure. This was the final part of the economic data jigsaw as the BoE’s Monetary Policy Committee goes into conclave ahead of tomorrow’s interest rate...
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by Charles Purdy | Dec 17, 2025
Those years of high interest rates seem finally to be having an effect, as inflation has just been revealed to have come crashing down to 3.2% annually, much lower than expected and with many prices falling last month. Food and non-alcoholic drinks dropped most,...
read more
