Headline CPI inflation fell from 10.1% in March to 8.7% in April, but this fall was less than the BoE had expected. Meanwhile the figures for core inflation which exclude the currently expensive heating and food costs which are considered…
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We are now over 12 months on from the commodity price jumps that followed Russia’s invasion of Ukraine. Due to this there was a big drop in European headline inflation from 8.5% to 6.9% in March. European inflation has lagged…
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The corporate governance reforms first introduced by former Japanese Prime minister Shinzo Abe are starting to see progress in the Japanese stock market. Sadly, Mr Abe who was Japan’s longest serving Prime Minister till he stood down on health grounds…
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The Bank of England followed the Federal Reserve and the European Central Bank in raising its base interest rate by 0.25% to 4.5%. While it appears, the Fed is pausing its interest rate hiking cycle, the BoE and ECB could…
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UK annual headline CPI inflation for April was reported at 8.7% down from 10.1% in March. Core inflation (excluding food, energy, alcohol, and tobacco) was 6.8% up from 6.2% in March. In the week that Andrew Bailey, Governor of the…
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When central banks raise interest rates then something comes under pressure. Businesses take time to adjust to rate rises and if they are rapid as we have seen over the past 12 months the more likely it is that something…
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US annual headline CPI inflation fell from 6% in February to 5% in March and 4.95% in April while core inflation that excludes food and energy costs rose slightly from 5% to 5.5%. US CPI has fallen every month for…
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At the beginning of 2023 there was a consensus of an early recession in Europe and with the USA not far behind. Economists were concerned that a continuation of China’s zero Covid policy would lead to another poor growth year.…
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Looking at global market sentiment reveals a more cautious investor landscape. Government bonds have done well and outperformed equity markets as a reaction to higher credit costs, a potential upcoming recession, and the threat of further banking failures. The banking…
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