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Profile picture of The Guardian
UK consumers feeling more confident about finances, says NatWest boss: For first time since August 2021 people expect position to be better in a year ...
theguardian.com/business/2024/apr/26/uk-consumers-feeling-more-confident-about-finances-says-natwest-boss
UK consumers feeling more confident about finances, says NatWest boss
Profile picture of Sky News
Concern for Bank of England as real earnings growth at highest rate since 2021: While the wage figures are good news for households on the face of it ...
news.sky.com/story/real-earnings-growth-at-its-highest-rate-in-nearly-two-and-a-half-years-13116319
Concern for Bank of England as real earnings growth at highest rate since ...
Quick Glance: Rising Real Earnings Growth Raises Concerns at Bank of England
  • An unexpectedly weaker decline in the pace of wage increases has led to real earnings growth reaching its highest level in nearly two and a half years when considering inflation, according to the latest official data.

  • Recent official figures indicate that average regular pay without bonuses was at 6% in the three months to February compared to the previous year.

  • The broader ONS statistics revealed an increase in the UK's unemployment rate from 3.9% to 4.2%, with caution due to ongoing efforts to enhance the reliability of employment data.

  • The forthcoming inflation data expected on Wednesday is likely to demonstrate further progress towards the Bank's objectives and the potential for a decrease from the current 5.25% interest rate.
Profile picture of Axios (website)
Biden's new take on inflation: Trump would be worse: Biden's team knows there's not a lot it can do to lower it before the Nov. 5 election.
axios.com/2024/04/13/biden-trump-inflation-worse-tariffs
Biden's new take on inflation: Trump would be worse
Quick Glance: Biden's New Perspective on Inflation: Trump Would Be Worse
  • The White House warns that inflation would worsen if Trump is re-elected as a strategy to sway voters.

  • March's inflation increase surpassed expectations, undermining Biden's claim of lowering prices.

  • Rising oil prices due to geopolitical tensions could lead to higher gas prices, a concern for the White House.

  • Biden emphasizes fighting inflation as top priority while experts debate the impact of his economic stimulus packages.
Profile picture of The Guardian
What’s behind the record FTSE 100 high?: Hopes of a UK interest rate cut and easing geopolitical tensions are not the only reasons for the intraday peak reached ...
theguardian.com/business/2024/apr/23/whats-behind-record-ftse-100-high-uk-explainer
What’s behind the record FTSE 100 high?
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Bank of England to cut rates in May, Morgan Stanley says, retaining contrarian call
cnbc.com/2024/04/18/bank-of-england-to-cut-rates-in-may-morgan-stanley-says.html
Bank of England to cut rates in May, Morgan Stanley says, retaining ...
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UK's FTSE 100 rises as traders ramp up rate cut bets: UK's FTSE 100 rose on Friday after dovish comments from Bank of England Deputy Governor Dave Ramsden on ...
reuters.com/markets/europe/uk-stocks-dip-middle-east-woes-set-weekly-declines-2024-04-19/
UK's FTSE 100 rises as traders ramp up rate cut bets
Profile picture of WION
UK Economy: Uncertainty surrounds Bank of England’s policy decisions : The UK economy faces a year of mixed signals. EY predicts subdued growth in 2024 ...
wionews.com/videos/uk-economy-uncertainty-surrounds-bank-of-englands-policy-decisions-714061
UK Economy: Uncertainty surrounds Bank of England’s policy decisions
Profile picture of NBC News
Poll: Election interest hits new low in tight Biden-Trump race: Amid a tight Joe Biden-Donald Trump race, the share of voters with high interest in the election ...
nbcnews.com/politics/2024-election/poll-biden-trump-tight-race-election-interest-low-rcna148170
Poll: Election interest hits new low in tight Biden-Trump race
Quick Glance: Poll: Election Interest Declines in Tight Biden-Trump Race
  • The interest of voters in the election has reached the lowest point in two decades at this stage in a presidential race.

  • The latest national NBC News poll reveals that the number of voters with high interest in the 2024 presidential election has nearly hit the lowest point in almost 20 years, with a majority holding negative views of President Joe Biden and former President Donald Trump.

  • Inflation and immigration top the list of the country's most pressing issues, with only one-third of voters giving Biden credit for improving economic performance.

  • The survey also highlights how the low voter interest and the independent candidacy of Robert F. Kennedy Jr. could potentially disrupt what has been a stable presidential contest with over six months until Election Day.
Profile picture of Euronews
UK inflation drops to two and a half year low as food prices cool: Stabilising food inflation and falling house prices both contributed to UK inflation coming ...
euronews.com/business/2024/04/17/uk-inflation-drops-to-two-and-a-half-year-low-as-food-prices-cool
UK inflation drops to two and a half year low as food prices cool
Profile picture of Reuters
Hot inflation may put Fed rate cut in thick of election season: Hot U.S. inflation data has put the Federal Reserve's debate over a first interest rate cut on a ...
reuters.com/world/us/hot-inflation-may-put-fed-rate-cut-thick-election-season-2024-04-11/
Hot inflation may put Fed rate cut in thick of election season
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UK wage growth and services inflation too high for rate cut, BoE's Greene says: Britain's latest wage growth and services price inflation data is too high for ...
reuters.com/world/uk/uk-wage-growth-services-inflation-too-high-rate-cut-boes-greene-says-2024-04-18/
UK wage growth and services inflation too high for rate cut ...
Profile picture of Manchester Evening News
Full list of DWP payment dates and money changes in May : NHS prescription costs will rise in May, Ofgem will announce a new price cap and some people will see ...
manchestereveningnews.co.uk/news/cost-of-living/full-list-dwp-payment-dates-29042407
Full list of DWP payment dates and money changes in May
Profile picture of inews.co.uk
Inflation falls and yet again the boomers are winning: Economics, sadly, are often not fair
inews.co.uk/opinion/why-younger-people-inflation-dropping-excitement-3011538
Inflation falls and yet again the boomers are winning
Profile picture of News.com.au
Worst news possible for Aussie homeowners: There are fears that interest rates could be hiked again as employment holds strong and inflation remains difficult to ...
news.com.au/finance/economy/interest-rates/fears-interest-rates-could-be-hiked-in-2024/news-story/7be393c0c52b480c16d3c60d53d07c03
Worst news possible for Aussie homeowners
Profile picture of Sky News
Money blog: Eight major price rises next Monday - but it's not all bad news: National Price Hike Day is on Monday, with water bills, broadband ...
news.sky.com/story/money-latest-mortgage-rates-house-prices-blog-sky-news-live-13040934
Money blog: Eight major price rises next Monday - but it's not all bad ...
Profile picture of Birmingham Live
Households to have £300 knocked off mortgage payments by end of year: Tracker mortgage holders could see monthly savings of around £300 due to the upcoming Bank ...
birminghammail.co.uk/news/cost-of-living/households-300-knocked-mortgage-payments-28942930
Households to have £300 knocked off mortgage payments by end of year
Profile picture of Reuters
Wage and price expectations cool in UK companies, BoE survey shows: British companies' expectations for selling prices and wage increases in the year ahead ...
reuters.com/world/uk/wage-price-expectations-cool-uk-companies-boe-survey-shows-2024-04-04/
Wage and price expectations cool in UK companies, BoE survey shows
Profile picture of NPR
Parents are struggling with high prices this year. It may shape how they vote: Inflation is a top-of-mind issue for many Americans during this year's ...
npr.org/2024/04/06/1242873226/parents-inflation-election-2024
Parents are struggling with high prices this year. It may shape how they ...
Profile picture of Euronews
Gold hits record high: Why investors are turning to the precious metal: Gold prices have been boosted in the past few months due to increasingly sticky inflation ...
euronews.com/business/2024/04/02/gold-hits-record-high-why-investors-are-turning-to-the-precious-metal
Gold hits record high: Why investors are turning to the precious metal
Profile picture of Birmingham Live
Barclays announces new rules for customers and they kicked in 'from today': High street bank Barclays announced that there will be sweeping product changes ...
birminghammail.co.uk/news/cost-of-living/barclays-announces-new-rules-customers-29027949
Barclays announces new rules for customers and they kicked in 'from today'
Profile picture of Reuters
Sterling steadies as survey shows businesses trim hiring and pay plans: Sterling steadied on Wednesday after a survey showed British businesses trimmed back ...
reuters.com/markets/currencies/sterling-steadies-survey-shows-businesses-trim-hiring-pay-plans-2024-03-27/
Sterling steadies as survey shows businesses trim hiring and pay plans
Profile picture of Reuters
UK public's inflation expectations fall again in March - Citi/Yougov survey shows
reuters.com/world/uk/uk-publics-inflation-expectations-fall-march-citiyougov-2024-03-28/
UK public's inflation expectations fall again in March - Citi/Yougov ...
Profile picture of Reuters
BoE's Haskel says rate cuts should be 'a long way off', FT reports: Bank of England (BoE) interest-rate setter Jonathan Haskel said that rate cuts should be "a ...
reuters.com/markets/rates-bonds/boes-haskel-says-rate-cuts-are-long-way-off-ft-reports-2024-03-28/
BoE's Haskel says rate cuts should be 'a long way off', FT reports
Profile picture of Fox Business
Federal Reserve slashing rates ahead of Election Day would likely just superficially boost US wallets: experts
foxbusiness.com/economy/federal-reserve-slashing-interest-rates-ahead-of-election-day
Federal Reserve slashing rates ahead of Election Day would likely just ...
Profile picture of Bloomberg
US Economic Growth Isn't Helping Biden Reelection Campaign Due to Inflation: The latest good news and bad news about the US economy is just plain bad news ...
bloomberg.com/news/articles/2024-04-26/growth-plus-inflation-economy-is-a-lose-lose-for-biden
US Economic Growth Isn't Helping Biden Reelection Campaign Due to ...
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Liz Truss endorses Donald Trump to win US presidential election: Former British PM Liz Truss has endorsed Donald Trump to win this year's US presidential ...
saudigazette.com.sa/article/642114
Liz Truss endorses Donald Trump to win US presidential election
Quick Glance: Liz Truss: From Premiership to Resignation in 49 Days
  • Liz Truss became Prime Minister and resigned after just 49 days, despite her husband's prediction that 'it would all end in tears'.

  • Truss assumed office on September 6, 2022, succeeding Boris Johnson, but faced early challenges and personal struggles.

  • Despite implementing economic measures and facing political turbulence, Truss resigned after a mini-budget led to a pensions crisis.

  • She reflects on her failed tenure, attributing blame to structural issues and drawing parallels to the controversial football manager Brian Clough.
Profile picture of The Globe and Mail
Politicians, the best way to divide and motivate voters is to use the ‘Power of Transport’
theglobeandmail.com/drive/culture/article-politicians-the-best-way-to-divide-and-motivate-voters-is-to-use-the/
Politicians, the best way to divide and motivate voters is to use the ...
Profile picture of inews.co.uk
Why experts say you should lock in a savings rate now – before it’s too late: Saving providers are pulling some of the best deals from the market as they are ...
inews.co.uk/inews-lifestyle/money/saving-and-banking/experts-say-lock-savings-rate-before-too-late-3021995
Why experts say you should lock in a savings rate now – before it’s too ...
Profile picture of CNA
Focus on South Korea President Yoon Suk Yeol, cost of living, inflation as country goes to polls
channelnewsasia.com/asia/south-korea-election-yoon-suk-yeol-cost-living-inflation-people-power-party-democratic-party-4252651
Focus on South Korea President Yoon Suk Yeol, cost of living ...
Quick Glance: South Korea’s ‘Luke Skywalker’ Triumphs Against President Yoon
  • Former minister Cho Kuk aids in leftwing alliance's electoral victory

  • Former justice minister Cho Kuk, convicted on corruption charges, played a pivotal role in the defeat of conservative President Yoon Suk Yeol in parliamentary elections.

  • Cho calls for Yoon and PPP leader Han Dong-hoon, both former prosecutors, to be held accountable for abuse of power.

  • The leftwing alliance narrowly missed the 200-seat mark that would have allowed them to bypass a presidential veto. Yoon now faces over three years as a lame duck, while the country heads towards more than three years of stagnation.
Profile picture of Bloomberg
UK Is Beating US on Inflation Fight And May Cut Rates Sooner: Britain is starting to rein in inflation at a quicker pace than the US, underscoring a divergence ...
bloomberg.com/news/articles/2024-04-15/uk-is-beating-us-on-inflation-fight-and-may-cut-rates-sooner
UK Is Beating US on Inflation Fight And May Cut Rates Sooner
Profile picture of The Herald (Glasgow)
Banking leaders in Scotland upbeat about profitability: Banking executives in Scotland are optimistic about overall business growth and profitability in the ...
heraldscotland.com/news/24266261.banking-leaders-scotland-upbeat-profitability/
Banking leaders in Scotland upbeat about profitability
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Fed, Biden Campaign Confounded as Inflation Digs In: This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Today ...
bloomberg.com/news/newsletters/2024-04-10/fed-biden-campaign-confounded-as-inflation-digs-in
Fed, Biden Campaign Confounded as Inflation Digs In
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Biden’s Battle Against Inflation Gets Tougher With Latest Data: A third consecutive month of higher-than-expected inflation data dealt a double-barreled blow to ...
bloomberg.com/news/articles/2024-04-10/biden-s-battle-against-inflation-gets-tougher-with-latest-data
Biden’s Battle Against Inflation Gets Tougher With Latest Data
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Others paying too dearly for Bank of England shortcomings: The Ben Bernanke review has reignited the debate over the extent to which the BoE’s failings have ...
heraldscotland.com/opinion/24255225.others-paying-dearly-bank-england-shortcomings/
Others paying too dearly for Bank of England shortcomings
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Lok Sabha elections 2024 pre-poll survey: From unemployment to inflation, here are key issues of upcoming polls | Mint
livemint.com/elections/lok-sabha-elections-2024-pre-poll-survey-from-unemployment-to-inflation-here-are-key-issues-of-upcoming-polls-11712803571889.html
Lok Sabha elections 2024 pre-poll survey: From unemployment to inflation ...
Profile picture of The Indian Express
Two reasons why food inflation may soften in the months ahead: Easing global prices that make imports feasible and a likely La Niña should allow the RBI to slash ...
indianexpress.com/article/explained/explained-economics/food-inflation-lower-reasons-9256361/
Two reasons why food inflation may soften in the months ahead
Profile picture of Essence
Money Is The Top Concern For Black Women Voters Over Abortion Rights And Gun Safety
essence.com/news/money-career/money-concern-black-women-voters/
Money Is The Top Concern For Black Women Voters Over Abortion Rights And ...
Profile picture of Rolling Stone
House Republicans Use a Big Lie to Stand Up for Big Pharma: Republicans rely on the wrong data to try to justify repealing Biden’s Medicare drug negotiation plan ...
rollingstone.com/politics/politics-features/republicans-medicare-big-pharma-1234993455/
House Republicans Use a Big Lie to Stand Up for Big Pharma
Profile picture of Milwaukee Journal Sentinel
More Wisconsin school districts went to referendum this spring, but only about two-thirds were successful
postcrescent.com/story/news/politics/elections/2024/04/11/more-school-districts-going-to-referendum-but-passage-rates-are-down/73135248007/
More Wisconsin school districts went to referendum this spring ...
Profile picture of inews.co.uk
Why there is not about to be a house price boom: Getting a mortgage to buy a home is still not possible for vast numbers of people
inews.co.uk/opinion/why-not-house-price-boom-3001815
Why there is not about to be a house price boom
Profile picture of The Herald (Glasgow)
Tesco grows profits and creates jobs amid price cutting: Tesco said it has won market share in the UK after cutting prices amid the surge in inflation which it ...
heraldscotland.com/news/24245325.tesco-grows-profits-creates-jobs-amid-price-cutting/
Tesco grows profits and creates jobs amid price cutting
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Erdogan battles key rival in Turkey’s local elections: The results are likely to be shaped in part by economic woes driven by rampant inflation near 70% ...
rappler.com/world/middle-east/tayyip-erdogan-battles-key-rival-turkey-local-elections/
Erdogan battles key rival in Turkey’s local elections
Quick Glance: Surprising Victory for the Opposition in Turkey's Local Elections
  • The Republican People's Party achieved significant success in Sunday's vote by expanding its presence in key cities such as Istanbul, Ankara, and Izmir, and capturing strongholds of the AKP in the Black Sea region and Anatolia.

  • The historic victory was unequivocal. Just under a year after the reappointment of Recep Tayyip Erdogan and his Justice and Development Party to lead the country, the presidential majority suffered a painful defeat in the municipal elections on March 31.

  • The CHP movement has emerged as the leading political force in the country, surpassing the AKP by nearly two points with 37.5% of the vote. This achievement is particularly impressive as the CHP had struggled to surpass 25% for the past two decades.

  • Expanding its successes to other regions, the CHP managed to overthrow power centers in the Black Sea region and central Anatolia. Even in the town of Adiyaman, long governed by the AKP and heavily impacted by the 2023 earthquake, the CHP candidate took a significant lead in the polls.
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Quick Glance: US February Inflation Data Aligns with Fed's Expectations, Powell States
  • The latest U.S. inflation data aligns with what the Federal Reserve wants to see, according to Federal Reserve Chair Jerome Powell. The personal consumption expenditures (PCE) price index data released on Friday matched expectations and showed less of a slowdown than last year. However, Powell emphasized that the February report did not undermine the Fed's baseline outlook.

  • Some details of the PCE data showed improvements in inflation aspects considered important by the Fed, even though the overall numbers showed little progress in the first two months of the year. Last week, the Fed kept its benchmark overnight interest rate steady at 5.25%-5.50% and narrowly confirmed the baseline projection of a 0.75 percentage point rate decrease by the end of this year.

  • Powell has had to reconcile expectations for rate cuts with data indicating a slowdown, if not a halt, in the improvement of inflation numbers in recent weeks. He stated that recent high inflation does not alter the overall narrative of easing price pressures, but acknowledged that the recent data cannot be completely dismissed as a sign of slowed progress.
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India braces for heat waves in Q2, impact seen on inflation, election: India is likely to experience more heat-wave days than normal between April and June ...
reuters.com/world/india/indias-weather-office-forecasts-more-heat-wave-days-during-april-june-2024-04-01/
India braces for heat waves in Q2, impact seen on inflation, election
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Erdogan suffers heavy defeat in local elections: The new Turkey is becoming visible - it looks different
tagesspiegel.de/internationales/schwere-niederlage-erdogans-bei-kommunalwahl-die-neue-turkei-wird-sichtbar--sie-sieht-anders-aus-11448020.html
Erdogan suffers heavy defeat in local elections: The new Turkey is ...
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Budget-deficit concerns are ‘back in style’ ahead of the November election: Plans to reduce the deficit could sway Biden-Trump rematch, a new poll finds
marketwatch.com/story/voters-deficit-concerns-are-back-in-style-amid-persistent-inflation-885ab4d1
Budget-deficit concerns are ‘back in style’ ahead of the November election
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Why lower interest rates might not offer much support to the UK economy: One of the main reasons why economists are more optimistic is that the Bank of England ...
cityam.com/why-lower-interest-rates-might-not-offer-much-support-to-the-uk-economy/
Why lower interest rates might not offer much support to the UK economy