A cut in January, then a pause: What jobs data mean for Bank of Canada and interest rates
“Given the still-elevated unemployment rate and the cooler wage readings, the latest labour market data still leaves the Bank of Canada in a position to cut rates,” Mendes said. He expects the Bank of ...
The Economist4d
Can America’s economy cope with mass deportations?
Mr Miller, for example, has said that mass removals would create jobs for Americans and increase wages. Whether that proves ...
Market trouble threatens Labour's economic plans
There is almost a risk of a paradox: that any acts of spending restraint visible and significant enough to calm the markets ...
‘Finally a decent month’: Economist reacts to latest jobs data
One economist says December’s employment figures were positive, breaking the trend of job gains lagging population growth.
The Economist2d
An American purchase of Greenland could be the deal of the century
History will not be as kind to Donald Trump if he gets Greenland from Denmark under duress. On January 7th the ...
Why bond vigilantes have made another Labour tax raid almost inevitable
Rachel Reeves downplayed the prospect of further tax rises after last year’s record-breaking £40bn Budget, calling it a “once ...
The Canadian Press on MSN1h
Canada added 91,000 jobs in December as unemployment rate fell
Canada added 91,000 jobs in December, shattering economist expectations. The unemployment rate also dropped 0.1 percentage ...
Investors Chronicle9h
Today's markets: Yields stable but damage is done
Bond yields are more settled this morning, having come down a touch last night after peaking early on Thursday, with the ...
Interest rates could be 2.5% by late 2027, economist predicts: What would that mean for mortgages?
Oxford Economics is predicting that interest rates will fall to 2.5% by late 2027, a much bigger drop than the 3.75% market ...
Tumbling pound, threat of strike action and growing debt crisis… bungling Labour are sending us back to the 70s
BRITAIN was having a grim 1970s flashback last night with a debt crisis, the threat of strikes and an under-siege Labour ...
MoneyWeek8h
Gilt yields soar to highest level since 2008: Reeves faces pressure to address Parliament
“The surge in gilt yields could push up annuity rates in the coming weeks,” says Helen Morrissey, head of retirement analysis ...
Labour's key policy falling apart as house building hits six month low
UK construction growth has dropped to its lowest level in six months, with a significant slowdown in housebuilding casting ...