Britain’s economy saw little to no growth in the second quarter of this year, analysts warned, as industrial production data raised concerns. Read More Industrial figures stoke growth fears
Posted in FX News | Tagged fears, figures, growth, industrial, stoke |
All the latest and must-have information around the key business and economic issues of the day. Read More City Desk Morning Briefing Friday July 8, 2011
Posted in FX News | Tagged 2011, 8, briefing, city, desk, friday, july, morning |
Bill Clinton, the former US president, has warned that Britain risks seeing the hole in its budget grow by pursuing austerity measures that are too harsh. Read More Bill Clinton warns against UKs austerity measures
Posted in FX News | Tagged against, austerity, bill, clinton, measures, uks, warns |
On Thursday the Bank of England’s Monetary Policy Committee voted to keep Bank Rate at 0.5pc for the 28th successive month. Read More Savers need to be encouraged, not driven to extinction
Posted in FX News | Tagged be, driven, encouraged, extinction, need, not, savers, to |
Everyone knew the latest interest rate rise across the eurozone was coming after Jean-Claude Trichet, the head of the European Central Bank, called for “strong vigilance” on price pressures. Read More Cracking Trichets code what does he mean
Posted in FX News | Tagged code, cracking, does, he, mean, trichets, what |
The US government is said to be working on a plan to avoid a historic default should Congress fail to lift the country’s legal borrowing limit by the start of next month. Read More US said to be working on debt Plan B
Posted in FX News | Tagged b, be, debt, on, plan, said, to, us, working |
The European Central Bank has raised interest rates a quarter point to 1.5pc to curb inflation and signalled more to come, despite faltering growth in southern Europe and acute stress in peripheral bond markets. Read More ECB tightens noose on Southern Europe
Posted in FX News | Tagged ecb, europe, noose, on, southern, tightens |
Perhaps it’s crisis fatigue, but monetary policy in Europe seems to have descended into madness. Read More Europe descends into monetary madness
Posted in FX News | Tagged descends, europe, into, madness, monetary |