by Julian Benson | Jun 14, 2023
Government borrowing costs in the UK have risen to levels not seen since Liz Truss’ premiership and last September’s mini-budget crisis. This comes as fresh economic data hiked interest rate expectations. The Bank of England is due to deliver the latest interest rate...
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by Julian Benson | Jun 14, 2023
Yesterday the Spanish inflation rate declined to 3.2% in May 2023, from 4.1% the month previous. This is the lowest rate since July 2021 and was largely boosted by falling prices in transportation, electricity and fuel...
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by Julian Benson | Jun 14, 2023
Following the decline in US inflation, the core inflation rate slowed to 5.3% – the lowest since November 2021. This supports the argument for the Federal Reserve to consider pausing its current cycle on monetary tightening. For more on currencies and currency risk...
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by Christopher Nye | Jun 13, 2023
As well as monthly and yearly inflation, core consumer price inflation for the US will also be released today. Core inflation, excludes the more volatile items such as food and energy. According to the U.S. Bureau of Labor Statistics , the rate edged down to 5.5% in...
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by Christopher Nye | Jun 13, 2023
Chair of the Supervisory Board of the European Central Bank (ECB), Andrea Enria, will deliver a speech at 10:45 am today. Markets will be listening for any clues on ECB policy, ahead the big interest rate decision this...
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