Energy prices drive down inflation
But an uptick in services inflation hints at stubborn domestic price pressures.
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But an uptick in services inflation hints at stubborn domestic price pressures.
As mortgage holders roll off their old, ‘cheap’ fixed deals and onto new contracts with much higher interest rates, they will face a substantial cut to disposable incomes.
This is the largest monthly fall in the inflation rate in over 30 years.
Cebr expects the Federal Reserve to implement just one more rate hike, before halting its course of monetary tightening.
The plunge in value of the UK’s commercial real estate in the past nine months comes at a difficult time.
As the risk of a second banking crisis in 15 years rises, might it be time for banks to employ independent economic advisors?
As a country we are still living beyond our means. Does Jeremy Hunt not understand this?
Cebr has consistently pointed out that the fiscal outlook is nowhere near as bleak as official forecasts had indicated. Data has emerged supporting our view, especially the borrowing data for January.
The CEBR has revised its forecast upwards, now expecting a 0.4% contraction in GDP in 2023.
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