Prior quarter 6.9% for unit labor costs and -1.8% for productivity. Unit labor costs 1.6% versus 1.5% estimate Productivity preliminary 2.4% versus 2.0%.. The prior …
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Prior 218K (revised to 219K) Continuing claims 1974K vs 1950K expected Prior 1946K (revised to 1936K) These aren’t bad figures (except the new cycle high …
It is the first time that there was two rounds of voting for the bank rate The distribution was for 4 members wanting to hold, …
Not too much else has changed in terms of key developments since May Consumption growth has been weaker and that feeds into growth projections When …
There was a chance the BOE decision today could’ve turned out really weird US Bessent: Trade deals are largely done BOE cuts bank rate by …
A gradual and careful approach to withdrawing monetary policy restraint remains appropriate The timing and pace of future easing will depend on inflation developments Monetary …
A gradual and careful approach to withdrawing monetary policy restraint remains appropriate The timing and pace of future easing will depend on inflation developments Monetary …
The BOE vote split today was one of the most interesting central bank happenings in a while. For some context, the “tie” in the first …
I don’t think this is biggest trade re-set since 1935 The biggest trade re-set was the China trade shock. Regulation pushed US manufacturing offshore. $300 …
Prior 4.25% Bank rate vote [cut-unchanged-hike] 5-4-0 vs 7-2-0 expected after second round of voting Greene, Lombardelli, Mann, Pill voted to keep bank rate unchanged …