Prior flash0.3%. October 0.4% -0.2% vs -0.2% prior m/m Core 0.7% unch
wage growth needed for CPI target inflation may slow to below 1% in December data UK near term activity stronger than expected BOE minority says they should look through short-term price changes Eurozone outlook remains subdued oil price decline is … Continue reading
7-2 in favour of keeping rates unchanged 9-0 on QE As expected The Governor invited the Committee to vote on the propositions that: Bank Rate should be maintained at 0.5%; Bank of England should maintain the stock of purchased assets … Continue reading
Prior -20.4k. Revised to -25.1k October ILO unemployment rate 6.0% vs 5.9% exp. Prior 6.0% Average weekly earnings 1.4% vs 1.2% exp y/y. Prior 1.0% Earnings ex-bonus 1.6% vs 1.5% exp y/y. Prior 1.3%. Revised to 1.2% Employment change 3m/3m … Continue reading
A heads up that the BOE dep gov John Cunliffe has just begun an interview on BBC Radio 5Live Not expected to be anything away from the usual mantra oil price falls are generally a good news story for UK … Continue reading
Peng Xingyun, a researcher with the Chinese Academy of Social Sciences, quoted in the Shanghai Securities News (via MNI): A high reserve ratio is a block to liberalizing interest rates It adds to bank costs and forces them to raise … Continue reading
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