UK ‘least affected’ but tariffs paint ‘depressing’ picture for people and markets
Tomasz Wieladek, chief European economist at T. Rowe Price, said the UK will be the ‘least affected’ by the new policies
Macro News
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Weekly Outlook: US jobs data and tariffs
Key events for wealth managers in the week beginning 31 March
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Five key takeaways from the Spring Statement
Downgraded economic forecasts, increased defence spending and cuts to welfare were a few of the developments announced by chancellor Rachel Reeves
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Spring Statement 2025: UK economic growth forecasts halve to 1%
OBR cuts GDP expectations amid elevated global uncertainty
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Weekly Outlook: Kingfisher and Bellway to report
Key events for wealth managers in the week beginning 24 March
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Bank of England holds interest rates amid market uncertainty
The central bank followed the Federal Reserve in remaining cautious as Trump threatens global tariffs
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Fed holds rates as Trump’s tariffs downgrade US growth forecasts
The central bank remained cautious as uncertain trade policy risks inflation ‘spiralling’
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Gold passes $3,000 for first time – can it keep climbing?
Market uncertainty is pushing gold to new highs, with elevated investor demand ‘likely to persist’
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Weekly Outlook: Fed, BoJ and Bank of England central bank decisions
Key events for wealth managers in the week beginning 17 March
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ECB delivers second interest rate cut of 2025
25 bps cut announced amid fiscal stimulus in Germany and US tariff fears
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Canada and Mexico tariffs ‘sharply escalate the risk of all-out global trade war’
Canada, China and Mexico retaliated to Trump’s ‘dangerous and high stakes’ moves with counter tariffs
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German election result brings prospect of a ‘business-friendly’ coalition
Friedrich Merz is set to become Germany’s chancellor after the Christian Democrats won the largest share of the Bundestag