Monetary policy committee voted 7-2 to hold interest rates
Two members of the Bank of England's interest rate setting committee maintained a hawkish stance on interest rates this month and voted for a second time to raise rates. ...
View ArticleWill below-zero inflation lead the Bank to start tightening policy?
Prospect of quantitative easing or negative interest rates are remote, given the forecasts for earnings and growth ...
View ArticleUK unemployment falls to lowest since Jan 2009, wage growth weak
LONDON (Reuters) - Britain's labor market recovery gathered speed as a record number of people found work and drove unemployment to its lowest level in more than five years in the three months to...
View ArticleDavid Blanchflower: The inflation nutters are on the march again – and they...
So two external members of the Bank of England’s Monetary Policy Committee (MPC), Martin Weale and Ian McCafferty – whom I call the irrelevant minority (IM), having been one myself throughout much of...
View ArticleTHE MONETARY COUNCIL’S STATEMENT IN THE DECEMBER 2013 ISSUE OF THE QUARTERLY...
(Source: MNB - Magyar Nemzeti Bank) At its meeting on 17 December 2013, the Monetary Council reviewed the latest economic and financial developments and voted to reduce the central bank base rate by 20...
View ArticleUK inflation falls to four-year low of 2.1% as food prices steady
Inflation has fallen back to its slowest pace in four years thanks to steadying food prices and the fact that energy price hikes have yet to come in. ...
View ArticlePublic borrowing figures - PwC chief economist comments (PwC -...
(Source: PwC - PricewaterhouseCoopers LLP) In response to public sector finance data released today, John Hawksworth, PwC's chief economist, said: "Today's public finance data include a large number of...
View ArticleNews Release - Spare capacity and inflation - speech by Martin Weale (Bank of...
(Source: Bank of England) Page Content In a speech given to the Northern Ireland CBI in Belfast, Martin Weale outlined the factors he believes are most important for assessing inflationary pressure in...
View ArticleEmployment rebounds, but all eyes on inflation (City of Auckland)
(Source: City of Auckland) The Auckland economy is estimated to have grown 2.9 per cent year-on-year in the December quarter, taking growth through the year to 2.8 per cent. This is on par with the...
View ArticleEmployment rebounds, but all eyes on inflation
Thursday, 10 April 2014, 9:03 am Press Release: Employment rebounds, but all eyes on inflation The Auckland economy is estimated to have grown 2.9 per cent year-on-year in the December quarter, taking...
View ArticleUnemployment figures - what the economists say
The fact employment is rising quickly but wages are still lagging behind inflation is puzzling many economists ...
View ArticleFirst fall in UK wages since 2009 – what the economists say
Economists remain puzzled over the new figures which show both unemployment and wages falling ...
View ArticleUnemployment figures - PwC chief economist comments (PwC -...
(Source: PwC - PricewaterhouseCoopers LLP) In response to today's ONS UK monthly unemployment figures, John Hawksworth, PwC's chief economist, said: "Today's data confirm continued strong employment...
View ArticleTHE MONETARY COUNCIL’S STATEMENT IN THE SEPTEMBER 2013 ISSUE OF THE QUARTERLY...
(Source: MNB - Magyar Nemzeti Bank) 24 September 2013 At its meeting on 24 September 2013, the Monetary Council reviewed the latest economic and financial developments and voted to reduce the central...
View ArticleInterest rates: Bank of England should ignore inflation dip, says MPC member
Martin Weale said Bank should ‘look through’ current low level and place greater weight on speed of recovery ...
View ArticleRetail sales figures - PwC comments (PwC - PricewaterhouseCoopers LLP)
(Source: PwC - PricewaterhouseCoopers LLP) Commenting on the ONS retail sales figures out today: John Hawksworth, PwC's chief economist, said: "The retail figures were somewhat weaker than expected in...
View ArticleRetail sales and public finance data - PwC chief economist comments (PwC -...
(Source: PwC - PricewaterhouseCoopers LLP) In response to retail sales and public finance data released today, John Hawksworth, PwC's chief economist, said: "Retail sales volumes continued to grow in...
View ArticleRetail sales figures - PwC chief economist comments (PwC -...
(Source: PwC - PricewaterhouseCoopers LLP) Commenting on the ONS retail sales figures out today, John Hawksworth, PwC's chief economist, said: "Today's retail sales figures showed renewed strong volume...
View ArticleAS 2014 - PwC chief economist comments on public finances (PwC -...
(Source: PwC - PricewaterhouseCoopers LLP) John Hawksworth, PwC's chief economist, said: "This balancing act is based on a small net fiscal tightening in the Autumn Statement, which re-emphasises that...
View ArticleONS retail sales data - PwC comments (PwC - PricewaterhouseCoopers LLP)
(Source: PwC - PricewaterhouseCoopers LLP) In response to the publication of today's latest ONS retail sales data, John Hawksworth, chief economist at PwC, commented: "February was a strong month for...
View ArticleLower than expected GDP growth: a wobble not a serious slowdown - PwC chief...
(Source: PwC - PricewaterhouseCoopers LLP) In response to new GDP data released today, John Hawksworth, PwC's chief economist, said: "Today's data showed a surprisingly sharp drop in quarterly GDP...
View ArticleMPC minutes - PwC chief economist comments (PwC - PricewaterhouseCoopers LLP)
(Source: PwC - PricewaterhouseCoopers LLP) In response to the Bank of England MPC meeting minutes published today, John Hawksworth, PwC's chief economist, said: "The MPC is still struggling to decipher...
View ArticlePwC's economics team comment on UK inflation and ONS house price figures (PwC...
(Source: PwC - PricewaterhouseCoopers LLP) Commenting on today's inflation figures, Andrew Sentance , senior economic adviser to PwC, said: "As expected, UK deflation has been short-lived. Inflation is...
View ArticlePay brakes will be on for a sixth year, but starting to ease. (PwC -...
(Source: PwC - PricewaterhouseCoopers LLP) PwC chief economist John Hawksworth, said: "Today's labour market data saw more good news on jobs and signs that the real earnings squeeze is at last starting...
View ArticleEarnings data - PwC chief economist comments (PwC - PricewaterhouseCoopers LLP)
(Source: PwC - PricewaterhouseCoopers LLP) In response to ONS earnings data released today, John Hawksworth, PwC's chief economist, said: "Today's data shows that regular pay growth remains very...
View ArticleONS earnings data - PwC chief economist comments (PwC -...
(Source: PwC - PricewaterhouseCoopers LLP) John Hawksworth, chief economist at PwC, commented: "Today's data show regular pay rises of 1.4% over the past year, close to the latest consumer price...
View ArticleEarnings & employment data - PwC chief economist comments (PwC -...
(Source: PwC - PricewaterhouseCoopers LLP) Commenting on today's new earnings and employment data, John Hawksworth, PwC's chief economist, said: "For the first time since before the recession, clear...
View ArticleONS labour data: pay growth possible prelude to inflation (PwC -...
(Source: PwC - PricewaterhouseCoopers LLP) Commenting on ONS labour data published today, PwC chief macro-economist, John Hawksworth, said: "The surge in regular pay growth to 2.7% was the most...
View ArticleJapan central bank puts the brakes on more stimulus as core inflation drops
TOKYO - Japan's central bank kept its monetary policy unchanged Friday, betting its already massive level of stimulus is sufficient to revive growth. The decision came despite fresh evidence that the...
View ArticleUK jobless rate hits 7-year low, BoE to note cooler pay growth
Britain’s jobless rate has fallen to its lowest level in more than seven years but pay growth was a bit slower than expected, suggesting the labour market is not hot enough to speed up a Bank of...
View ArticleMore inflation please (ABN Amro Holding NV)
(Source: ABN Amro Holding NV) Share Eurozone inflation turned negative, while inflation is low in most big economies even outside of energy prices. The eurozone in particular could do with more...
View ArticleMigration data - PwC chief economist comments (PwC - PricewaterhouseCoopers LLP)
(Source: PwC - PricewaterhouseCoopers LLP) Commenting on today's new data on net migration, John Hawksworth, PwC's chief economist, said: "Net migration rose to a record level of 330,000 in the year to...
View ArticleInflation figures - PwC's senior economic adviser comments (PwC -...
(Source: PwC - PricewaterhouseCoopers LLP) Commenting on the ONS monthly UK inflation figures out today, Andrew Sentance, senior economic adviser, PwC, said: "UK inflation has been hovering around zero...
View ArticleGDP figures - PwC chief economist comments (PwC - PricewaterhouseCoopers LLP)
(Source: PwC - PricewaterhouseCoopers LLP) In response to new GDP data released today, John Hawksworth, PwC's chief economist, said: "Today's data confirmed that the UK economy grew at a healthy rate...
View ArticleInflation figures - PwC chief economist comments (PwC -...
(Source: PwC - PricewaterhouseCoopers LLP) Commenting on the ONS monthly UK inflation figures out today, John Hawksworth, PwC's chief economist, said: "Headline inflation remained close to zero in July...
View ArticleLabour market data - PwC chief economist comments (PwC -...
(Source: PwC - PricewaterhouseCoopers LLP) In response to new labour market data released today, John Hawksworth, PwC's chief economist, said: "The second quarter data released today show a marked...
View ArticleTHE MONETARY COUNCIL’S STATEMENT IN THE JUNE 2013 ISSUE OF THE QUARTERLY...
(Source: MNB - Magyar Nemzeti Bank) At its meeting on 25 June 2013, the Monetary Council reviewed the latest economic and financial developments and voted to reduce the central bank base rate by 25...
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