Government launches monetary policy inquiry
The effectiveness of monetary policy implemented in the aftermath of the 2008 financial crash will be the focus of newly-launched government inquiry.
Macro News
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CBI issues fresh warning on Brexit threat to financial services
Barrier-free trade with the EU will be crucial if the UK wants to hold on to its reputation as a hub for financial services according to a new report from the Confederation of British Industry (CBI).
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Eurozone inflation hits 0.6%
Eurozone inflation followed analysts’ predictions and continued its steady rise to hit 0.6% in November.
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Sanditon’s Rice: ‘Clock is ticking’ towards next recession
The clock is ticking in anticipation of an economic slowdown and eventual global recession as inflation rises and productivity falls, Chris Rice, manager of the TM Sanditon European Fund, has said.
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Further BoE rate cuts in 2017, economists warn
The stage is set for a further rate cut by the Bank of England next year as growth slows, economists have said in the aftermath of Wednesday’s decision to hold the rates at 0.25%.
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Dollar rallies/gold falls on back of Fed’s ‘happy’ hike
The dollar surged this morning on the back of only the second Fed rate rise since the 2008 financial crisis.
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Markets shrug despite inflation hitting two-year high
Inflation in the United Kingdom hit a two-year high in November according to the Office for National Statistics.
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Schroders’ top ten global cities revealed
The Schroders Global Cities 30 index looks at the most desirable places to live across the globe to help those looking to invest in real estate. The “ideal” global city will have: high projected growth, a growing population, excellent infrastructure, skilled workers with disposable incomes and top universities.
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Carney warns of threat to open markets and monetarism
Bank of England governor Mark Carney made reference to Karl Marx as he delivered a warning of a backlash against open markets, monetarism and globalisation.
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Markets muted as polls get Italy vote right
European markets were largely unmoved on Monday morning despite the Italian electorate’s decision to reject Prime Minister Matteo Renzi’s call for constitutional reform.
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Strong jobs report cranks up pressure on Fed
A relatively healthy 178,000 new jobs were added in the United States during November, further pushing the Federal Reserve towards acting to prevent the economy overheating.
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UK manufacturing feels the pressure of weaker sterling
Sterling weakness continued to rock the United Kingdom manufacturing sector in November as further upward pressure on input costs hit home, but demand remained strong.
