Eshe Nelson
Posts
Central Banker to Britons: You’re Worse Off. Accept It.
The comment, from the Bank of England’s chief economist, was offered as a way to curb inflation. But the message has fallen flat.
U.K. Inflation Edges Lower, but Persists in Double Digits
Prices rose at an annual rate of 10.1 percent last month, down from 10.4 percent in February. Food costs continued to keep inflation high.
Are Big Profits Keeping Prices High? Some Central Bankers Are Concerned
Companies’ rising profit margins could be contributing to persistent inflation, a European Central Bank policymaker says.
As Banking Worries Swirl, Europe’s Policymakers Express Confidence, With Caution
Officials say eurozone lenders are strictly supervised and continue to be strong. But at a recent conference, wariness about the future remained.
Bank of England to Weigh a Rate Increase After a Jump in Inflation
As policymakers assess an inflation rate that persists in double digits, as well as risks in the banking sector, analysts predict a quarter-point increase.
U.K. Inflation Swings Upward, in a U-Turn
Prices in Britain reversed a recent downward trend, rising by 10.4 percent in the year through February.
Where High Interest Rates Have Sent Home Prices Sliding
In Sweden, the central bank’s fight against inflation is crimping economic growth and has contributed to a 15 percent drop in home prices.
The European Central Bank Meets to Raise Rates Amid Uncertainty
The E.C.B. is the first major central bank to set monetary policy since banking worries gripped financial markets, and its decision could be a gauge...
The European Central Bank Meets to Raise Rates Amid Uncertainty
The E.C.B. is the first major central bank to set monetary policy since banking worries gripped financial markets, and its decision could be a gauge...
In Budget Speech, U.K. Government Will Issue a Call to Work
In a major policy speech, Jeremy Hunt, the chancellor of the Exchequer, is expected to offer plans to promote greater work force participation.