Irene Miller/ShutterstokBritain’s jobs market appears to have entered a “low-hire, low-fire” freeze, creating stagnation that could affect everyone from school-leavers to professionals. But unlike recessions characterised by mass layoffs, this scenario represents a market in which workers cling to their jobs while newcomers find the door shut.
The Bank of England chairs the London Foreign Exchange Joint Standing Committee (FXJSC) Legal Sub-Committee. The FXJSC is made up of market participants, infrastructure providers and the UK financial regulators.
The Bank of England chairs the London Foreign Exchange Joint Standing Committee (FXJSC), which is a forum for discussion of the wholesale foreign exchange market. The FXJSC is made up of market participants, infrastructure providers and the UK financial regulators.
Storm argues the AI data-centre investment boom is creating a bubble that will be socially and financially expensive when it pops.
Storm argues the AI data-centre investment boom is creating a bubble that will be socially and financially expensive when it pops.
Introduction
Netflix's Hollywood studio offices at Sunset Bronson Studios in Los Angeles. Patrick T. Fallon / AFP via Getty ImagesWhen it comes to major U.S. industries, three tends to be the magic number.
Home borrowing costs, like other long-term rates, are not directly controlled by the Fed – but they still feel its influence. athima tongloom/Moment via Getty ImagesWhat’s the point of monetary policy?
In line with the Bank's transition to a repo-led, demand-driven operational framework for providing reserves, the Bank is today announcing a reduction in the spread to Bank Rate of the Operational Standing Facility (OSF). This Market Notice confirms the new, recalibrated spread of the OSF at Bank Rate +15bps for the lending facility and Bank Rate -15bps for the deposit facility. As with all SMF facilities, the OSFs are 'open for business' and should be used by SMF participants for the purposes of liquidity management.
Greece’s trade deficit fell sharply by 18.4 percent year-on-year (YoY) in October, after a drop of 13.6 percent in September, according to data released by ELSTAT on Monday.
Eterna Images/ShutterstockWe often throw caution to the cold, dark wind of December when it comes to spending. The cost-of-living crisis may slip our minds amid the razzle-dazzle of Christmas. We just want a moment to enjoy ourselves, to forget about the winter gloom. It’s natural for us to behave this way. Our brains are wired for it.
