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Daily Market Brief June 30, 202330 June 2023: Bank of England won’t “sacrifice” workers
Highlights Rates will remain high for some time, warns the Bank of England Q1 GDP revised sharply upwards Eurozone...
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Daily Market Brief June 29, 202329 June 2023: The Bank of England needed strong response to May inflation report
Highlights Bailey continues the hawkish rhetoric Data released this month points to stronger than expected economy Italian Prime Minister...
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Daily Market Brief June 28, 202328 June 2023: Dhingra sees “glint of light” in fight against inflation
Highlights Economists predict the high for base rate will be 6.25% Consumer confidence at its highest level in over...
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Daily Market Brief June 27, 202327 June 2023: MPC voted 7-2 in favour of a 50-point hike
Highlights Hunt wants to get tough on overpricing Pace of growth is becoming more regional Fall in bank lending...
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Daily Market Brief June 26, 202326 June 2023: Sunak asks mortgage holders to “hold their nerve”
Highlights Bailey and Hunt were criticized for seemingly welcoming a recession Powell defends prudent pause Chaos in Russia is...
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Daily Market Brief June 23, 202323 June 2023: The Bank of England hikes rates by fifty basis points
Highlights At last! The Bank of England surprises the market The economy continues to grow, absorbing the brunt of...
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Daily Market Brief June 22, 202322 June 2023: Sunak and Starmer clash over inflation
Highlights May inflation “bakes in” today’s hike Powell believes that interest rate pause is temporary Is eurozone inflation really...
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Daily Market Brief June 21, 202321 June 2023: UK 27th in OECD investment rankings
Highlights Chronic underinvestment could plague the economy “for years” Another hike is likely as core inflation remains at an...
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Daily Market Brief June 20, 202320 June 2023: Bank of England is losing the battle with rising inflation
Highlights Consumer leads the economic recovery Fed opens door to further hikes in H2 Lagarde pushes her dominance of...
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Daily Market Brief June 19, 202319 June 2023: The Bank of England is failing its most important test
Highlights Soaring mortgage costs threaten a recession Biden considers tax rises, while Trump concentrates on the economy Is the...
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Daily Market Brief June 16, 202316 June 2023: Post-pandemic hospitality recovery delivers a huge boost to services output
Highlights “End of the line” for Johnson as he is branded a liar and likely banned from Parliament Economy...
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Daily Market Brief June 15, 202315 June 2023: Bailey is in the firing line, but his options are limited
Highlights Expectations for growth clouded by continued rate hikes Economy may now be heading for a soft landing, but...
