è stato pubblicato l’indice dei prezzi al consumo europeo su base annua ad aprile, che è risultato essere del 7,0%, esattamente come si aspettavano gli analisti.
Negli States i permessi di costruzione sono scesi dell’1.5% rispetto alle attese del +3%, mentre la vendita di immobili è continuata a crescere, sebbene non come i mesi precedenti, registrando un +2.2%. Continuano invece le discussioni sul tetto del debito e, per i fan della macroeconomia, questo dovrà comportare una futura politica fiscale restrittiva. Ma non a detta di McCarthy: tra i temi trattati, la tassazione non verrà toccata.
Andrew Bailey, Presidente della Bank of England, ha dichiarato durante un intervento alla Camera di Commercio Britannica che ci sono segnali di un rallentamento del mercato del
lavoro, aggiungendo poi che l’inflazione è troppo alta e andrebbe riportata ad un livello sostenibile del 2%. Il numero uno della BoE ha però concluso con una nota positiva, affermando che ci sono forti ragioni di credere che nei prossimi mesi ci sarà un rallentamento delliIndice dei prezzi al consumo. Cattive notizie sul fronte PIL, il quale non è riuscito a ritornare al livello pre-pandemia su base sostenuta e continuativa.
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According to the Halifax house price index, the price of residential property fell for the first time since 2012. The 1% depreciation between May 2022 and May 2023 came in line with expectations as analysts assess the impact of higher interest rates on households.
The vast Ukrainian Nova Khakovka Dam has been destroyed in the Russian occupied region of Kherson, Ukraine releasing a torrent of water as concerns for residents and nuclear power facilities up and downstream grows.
Plans have been unveiled for a Universal Basic Income (UBI) trial in the UK, with the think tank Autonomy currently seeking financial backing. It is hoped that the trial will span over two years with participants receiving £1,600 each month and being in control of how they spend or save the funds.
Today all eyes are on US labour market data where the markets will be looking to gain an insight into the health of the US economy and the extent to which the jobs market is feeding into inflationary pressures ahead of the Fed’s meeting on 12 June.
Last night, the House comfortably passed the debt ceiling bill in arguably the most important stage in the process to ensure that the world’s largest economy averts a technical default. The House of Representatives cleared the Fiscal Responsibility Act by 314-117, the bipartisan deal assembled by President Joe Biden and House Speaker Kevin McCarthy.
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As markets weigh on the Bank of England’s interest rate decision on 22 June, this morning’s hotter-than-expected inflation print has seen investors upwardly revise rate hike expectations. Indeed, market reaction to this morning’s print is a further reaffirmation that inflation continues to be the hottest topic of conversation.
The incumbent Recep Tayyip Erdogan has secured another five years as Turkey’s president following a run-off election which saw him take 52% of the votes, against Kemal Kilicdaroglu’s 48%