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Results: listing 19 - 24 of 306 for “Bank of England”

UK Comment — UK unemployment rate lowest since 1979; wage growth stubbornly weak

  1. Unemployment rate falls to 4.3 percent, but wage growth unchanged at 2.1 percent
  2. Domestic cost pressure weak; BoE majority should be in no hurry to raise rates

Kari Due-Andresen, Chief Economist Norway |

UK Comment — UK inflation stronger than expected in August

  1. CPI inflation at 2.9 percent y-o-y exceeds consensus and BoE expectations in August
  2. Cost pressures ticked up again, but inflation is probably still close to peaking
  3. The number of hawkish dissidents on the MPC may have increased to three

Kari Due-Andresen, Chief Economist Norway |

UK Comment — UK consumer credit growth down to single digits in July

    Credit growth falls further in July, while mortgage approvals strengthen somewhatUK household credit increased a little less than expected in July. Net consumer credit rose by GBP 1.2bn against consensus expectations of GBP 1.5bn. Net credit growth in June was revised to GBP 1.4bn, from GBP 1.5bn. Net lending secured on dwellings was up by GBP 3.6bn after over GBP 4.1bn in June, but that was also lower than the consensus expectation for July of GBP 3.

    Kari Due-Andresen, Chief Economist Norway |

Back to school — Stark global ekonomi trots politisk turbulens

Höstterminen är nu i full gång. Vi summerar sommarens viktigaste händelser och ger vår syn på vad som kommer att vara i fokus under hösten. Det politiska spelet lär fortsätta skapa stora rubriker, men för de finansiella marknaderna är inflationsutvecklingen och industrikonjunkturen under luppen.

Ann Öberg, Head of Economic Research |

Back to school — Strong global economy despite political turbulence

The autumn term is now in full swing. We summarise the most important events of the summer and give our view of what we will focus on this autumn. The political game may make the big headlines, but for the financial markets the focus will be on the inflation trend and the industrial business cycle.

Ann Öberg, Head of Economic Research |

UK Comment — Labour market trending roughly in line with the BoE’s expectation

    Unemployment rate falls further, to 4.4%; wage growth up to 2.1%Today’s labour market numbers were largely in line with the Bank of England’s (BoE) expectation. The unemployment rate for the three months to June fell to 4.4 percent, from 4.5 percent in May. The consensus expectation was for the unemployment rate to stay unchanged, at 4.5 percent. Average weekly earnings, both total pay and regular pay (excluding bonuses), increased by 2.

    Kari Due-Andresen, Chief Economist Norway |