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Ear to the Ground
Whilst a lagging indicator, there was good news for the UK economy, expanding by 0.2% in August. Whilst this was in line with the consensus forecast…
Ear to the Ground
With the US Federal Reserve having cut interest rates by 0.5% at their last meeting just a couple of weeks ago, the market is clawing over all pieces of economic data released for insight as to when and by how much the next move could be.
Ear to the Ground
After the US Federal Reserve stole the limelight last week with their 50 basis points interest rate cut, it was the Chinese who were at the centre of attention this time.
Ear to the Ground
By the time the Federal Reserve (the Fed) met to discuss interest rates, it was no longer a case of will they or won’t they, but how much would they decide to cut by.
Ear to the Ground
This week was a busy one for economic data. In the Eurozone we saw the European Central Bank (ECB) decide to cut the deposit rate by a further 0.25%, to 3.5%.
Ear to the Ground
After weaker than expected US employment data in recent weeks, along with comments made by Governor Powell at the recent Jackson Hole Economic Symposium, eyes were firmly focussed on non-farm payroll data.
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