GBP rates
Bank of England: No hikes?
Following the sharp decline in energy prices, we have removed our call for a rate hike.
Research
Bank of England: Hesitation
We expect the Bank of England’s MPC to keep the policy rate unchanged at 3.75%, pushing back our previous expectation of a rate increase at this meeting.
Research
EU to the rescue: EU-UK reset takes shape through targeted agreements
Starmer seeks to salvage his premiership by pushing for closer ties with Europe. The new agreements expected in July won't move the needle.
Research
Global Daily: Back to the Well
Hormuz diary, day 79. The strait remains functionally closed and global crude and refined product stocks are rapidly drawing down...
Newsletter
Global Daily: Massive Life Support
“On massive life support” was Donald Trump’s characterisation of the US-Iran ceasefire yesterday...
Newsletter
Bank of England: ABC: Alert, but careful?
As expected, the Bank of England held the Bank Rate at 3.75%. Chief economist Huw Pill was the lone hawkish dissenter.
Research