Inflation Progress (2 min read)

UK inflation has dropped below the Bank of England’s 2% target for the first time in three years. With the 30^th October Autumn Budget barely a fortnight away, the US election getting ever nearer and Middle East tensions hanging in the balance, could hikes in food and energy prices mean the headlines are short-lived?

The Long Way Down (3 min read)

The Fed cuts rates by ½% and the Chinese central bank eases monetary policy while we wait to see if the ECB will continue to cut interest rates next month. The only potential laggard in this global monetary easing cycle could be the Bank of England which will need to digest the economic implications of the much-anticipated 30th October budget when...

Summer rate cuts expected.

Rhetoric from the Federal Reserve and the Bank of England following monetary policy meetings this week has been softer in tone regarding the fight against inflation and the consequent outlook for interest rates. Markets are discounting…