Softer UK labour data keeps BoE easing bias – TD Securities

Softer UK labour data keeps BoE easing bias – TD Securities

TD Securities analysts project further loosening in UK labour conditions, with employment falling, unemployment rising to its COVID peak of 5.3%, and wage growth easing but still elevated. They note this backdrop has previously supported Bank of England (BoE) easing, though near term focus may shift to inflation implications from Iran-related shocks rather than domestic […]

Growth risks rise with price shocks – Standard Chartered

Growth risks rise with price shocks – Standard Chartered

Standard Chartered analysts Madhur Jha and Ethan Lester argue that sustained Oil price shocks have historically driven global inflation and often preceded global recessions. They highlight that a Brent move toward USD 135/bbl could shift market focus from inflation to growth risks. The authors stress that tighter central bank reactions to Oil shocks now add […]