Latest News
Is the global economy stumbling into ‘the tepid Twenties’?
Growth is picking up in the short term, but fears are mounting of a stagnant decade, with bleak political consequences
UK inflation could stay near 2% target for three years, says BoE rate-setter
Dave Ramsden’s comments suggest he does not need much more evidence of price growth falling before backing rate cuts
‘Reality check’ for the green transition
Also in this newsletter: IMF warns EU off ‘subsidy race’, Apple under pressure from China, science round-up
Markets are a frog in boiling water on Iran-Israel
While the reaction to the latest hostilities has been tame, the global economy is too fragile for a new crisis
The radical repricing of US interest rates
Financial markets and the Fed are searching for a convincing economic story
Subsidy race with US and China would harm Europe’s ailing economy, IMF warns
Fund urges EU to avoid ‘protectionist’ policies and focus on cutting internal trade barriers
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A view from the Bridge - August 2023
The Bank of England raised base rates by 25bp to 5.25% at yesterdays meeting, in line with a recently revised consensus which had been broadly split between 25bp or 50bp prior to the softer inflation and growth data over the past couple of weeks.
PegasusCapital - 04/08/2023