Exchange of letters between the Governor and the Chancellor regarding CPI Inflation - June 2025
Exchange of letters between the Governor and the Chancellor
Exchange of letters between the Governor and the Chancellor
The Bank of England’s Monetary Policy Committee is responsible for making decisions about Bank Rate.
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The nation’s largest ports, in Los Angeles County, are a bellwether for the economy. They are being whipsawed as President Trump reorders global trade.
MMPhoto21/ShutterstuckThere’s a reason casinos rarely have windows or clocks, they’re engineered to make you lose track of time. But what if it’s not just time you’re losing?
GreenOak/ShutterstockThe unexpected attack by Israel on Iran, a major oil-producing nation, may undermine anaemic global economic growth and hinder central banks’ ability to cope in an already uncertain market.
Index-linked treasury stocks are gilts issued by the UK Government. They pay out twice a year, with the amount indexed to the Retail Prices Index.
After the second world war, the US and its western allies created a set of international agreements and institutions to govern attitudes to mutual defence, economics and human rights. For decades this created stable alliances and predictable economic plans.
This article analyses the transmission of monetary policy to consumption via its impact on mortgage payments. Simulations using the current distribution of loans across households show that, despite rate cuts, a substantial part of past tightening is still in the pipeline. The average interest rate on outstanding mortgages is expected to continue to increase, translating into a persistent drag on the expected consumption recovery.
While New Democracy continues to dominate the polls, voters seem increasingly disillusioned by the options on offer and are looking for ways to punish the government and PM Kyriakos Mitsotakis.