US inflation: Upside surprise ‘very uncomfortable’ for the Fed
US CPI rose to 3% in January, while core inflation also ticked up to 3.3%
Macroeconomics
-
-
bfinance: Private market searches decline in 2024
Fundraising for Q4 2024 drops across private asset classes
-
Weekly Outlook: BP and British American Tobacco results
Key events for wealth managers in the week beginning 10 February
-
Bank of England cuts interest rates to 4.5%
FTSE rose to a record high this morning on expectations of the 25 basis points cut
-
IA: Net retail outflows slow to £1.6bn in 2024
UK equity funds suffer £783m in net retail outflows
-
BlackRock maintains US overweight in AI wobble
BlackRock believes AI remains in ‘buildout’ phase
-
Weekly Outlook: Diageo and AstraZeneca results
Key events for wealth managers in the week beginning 3 February
-
US bond market to ‘stay under pressure’ as US Federal Reserve holds rates
The decision to hold interest rates at 4.25-4.5% comes one week after US President Trump demanded a rate cut
-
Lipper: Bonds top the charts for European inflows in 2024
European and UK equities lose money in home market
-
Computershare: Mining sector masks improving picture for UK dividends
Dividends fell 0.4% on an underlying basis, as mining sector payouts fell 40%
-
Weekly Outlook: Fed, ECB rate cut decisions and ‘magnificent seven’ results
Key events for wealth managers in the week beginning 27 January
-
‘Strap in’: Trump returns to questions on tariffs and inflation
Trump returns for second term in the White House