Wages are still rising but at a slower pace as the unemployment rate surprisingly fell, according to official figures. A low unemployment rate can indicate a healthy economy and increase pressure for wages to rise – it may also give the money institution of England more confidence to make further debt charge rate cuts. Read … Read more
The U.K. was once home to the developed world’s worst inflation. Now, it’s within striking distance of the central money institution’s 2% target. The Consumer Prices Index rose by 2.3% in the 12 months through April — the smallest gain since the summer of 2021.That is down from the 3.2% in March, a plunge driven … Read more
00:00 – Intro 03:58 – Interview on lender of Japan raising finance charge rates 08:57 – Effects for countries that trade with Japan The Reserve lender has left finance charge rates on hold amid signs that development in the economy has dramatically slowed down following 13 finance charge rate rises since May 2022. Subscribe: http://ab.co/1svxLVE … Read more