Expert on financial markets will be a voting FOMC member this year
1 min read
Minor headwinds could combine to threaten the world economy
4 min read
The UK is getting back to the office, having dinner in restaurants and jetting off abroad after Covid
6 min read
GDP boosted by shoppers returning to British high streets en masse
3 min read
Increased government spending on vaccines could 'soften the blow' of lockdown on the UK's economic output
2 min read
The UK economy grew 1% in the final quarter of 2020
2 min read
The decrease came as England was placed back under a second lockdown
1 min read
The bank expects a spending boom, which it says will spur a 6% surge in the US economy next year
2 min read
UK’s total debt pile now stands at £2.09tn as of the end of October, at a ratio of 100.8% of GDP, which is the highest since the early 1960s
The economy was helped by the Eat Out to Help Out scheme during the summer
Low interest rates mean there is more room for fiscal stimulus and tax rises can wait
A thin trade deal with the EU will likely leave the UK economy around 2% smaller in 2021, warns IFS
3 min read
Even a two-week hospitality shutdown would reduce UK's monthly GDP by 1%, Raja says
2 min read
The bank had previously said globally, the debt-to-GDP ratio of private debt — meaning from households and non-financial companies — would increase from about 155% at the end of 2019 to 173% by the end of 2020
2 min read