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INFLATION FORECAST UK
Bank of England hikes rates to 4%, first raise since 2023, says more may come amid high UK inflationIn a decisive move, the Bank of England has escalated interest rates to 4% amidst spiraling inflation, projected to hit 4.8% in Q2 next yea...
Bank of England set to raise interest rates for first time in three years as Iran war fuels inflationThe Bank of England is widely expected to raise interest rates for the first time in three years as the US-Iran conflict fuels energy price...
- Gold lingers near one-year low as Fed hike expectations firm
Gold prices experienced a minor uptick in early trading across Asia; however, they linger near a one-year low. Persistent worries about inf...
UK Budget 2026 Highlights: Treasury chief John Healey presents his first budget, check latest updatesChancellor John Healey on Wednesday presented his first Budget focused on the rising cost-of-living crisis and energy prices. There were ex...
What time is UK budget today and where to watch it? Will income tax rise, fuel prices increase and pensioners get relief in John Healey’s big announcement?When will UK budget be announced? UK Chancellor John Healey will deliver his first Budget today, with the key announcements expected on inc...
Why are gold and silver prices falling today? Silver breaks its July low, and gold could drop toward $3,900 if the Fed signals a December rate hikeGold and silver prices are under pressure as a stronger US dollar and concerns about interest rates weigh on the metals market. Gold is hol...
Britain issues costliest 5-year debt since 2008 before budgetBritain conducted a sale of £4.5 billion worth of 5-year debt at a yield of 5.036%. This yield reflects the highest rate seen since the yea...
Gold heads for sharpest weekly decline in four months on Fed rate outlookGold prices took a hit on Friday amid strong indicators of US economic growth and climbing oil prices. Spot gold prices sank to their lowes...
Global Market: European shares struggle for direction as France unrest weighs on sentimentEuropean shares remained stagnant amid escalating unrest in France, raising alarms over fiscal health and growth prospects. While some opti...
Fed sneezes, but emerging markets aren't catching a cold yet: McGeeverEmerging markets are displaying surprising economic resilience in light of the Federal Reserve's tightening measures. Stronger fiscal funda...
Gold edges higher as investors assess Fed rate-hike oddsIn early Asian trading, gold prices saw a modest uptick as speculation swirled regarding the Federal Reserve's policy stance. Investors are...
The number of Americans filing for jobless aid remain at historically low levels below 200,000U.S. unemployment benefits applications slightly increased, with initial claims rising to 199,000 for the past week. Despite the increase, ...
Asia set to ‘continue to outpace the world’, says IMF, as it asks central banks to stay focused on price stabilityAsia's central banks are advised to potentially tighten monetary policy in response to rising inflation expectations. Inflation has been im...
IMF chief urges US and wealthy nations to rein in debt to ease global economic pressureThe International Monetary Fund emphasized the urgent need to address rising global debt impacting low-income countries. IMF Managing Direc...
No magic fix: IMF chief warns growth cannot solve America's $40 trillion debtThe head of the International Monetary Fund highlights the urgent need to address global debt levels. Rising interest rates and inflation h...
IMF's bullish call: Why is India sprinting when the world stumbles?The IMF has raised India's growth forecast to 7% for both FY27 and FY28, highlighting the country's resilience despite higher oil prices an...
IMF edges up 2026 global growth forecast to 3.1% but warns economy is ‘vulnerable to setbacks from both directions’The International Monetary Fund has updated its global growth forecast for 2026 to 3.1 percent. Concerns remain about the economy's resilie...
Global Market: BoE's Megan Greene says UK interest rates may not be restrictive enoughBank of England policymaker Megan Greene said the IMF’s upward revision to the UK’s economic growth forecast supports her view that monetar...
Charting the Global Economy: Sentiment among US consumers wanesAs consumer sentiment declines in the US and Japan experiences weakening household spending, Europe faces challenges with rising bond yield...
UK 30-year gilt yields hit 28-year high in global selloffThe British 30-year bond yields have skyrocketed to their highest level since January 1998 amid a global bond market decline. This surge is...