Eshe Nelson
Posts
Why Britain’s Mortgage Holders Are Being Squeezed
The Bank of England’s campaign to curb inflation is pushing up monthly payments for millions of homeowners.
Why Britain’s Mortgage Holders Are Being Squeezed
The Bank of England’s campaign to curb inflation is pushing up monthly payments for millions of homeowners.
To Revive a Dying Main Street, One British Landlord Offered Free Rent
In a coastal English town, a floundering shopping district was given new life after 10 local businesses were given free rent for two years.
At the Front Lines of the Inflation Fight, Uncertainty Reigns
Central bankers and economists gathered this week and, amid concerns about persistent inflation, wondered about all the things they still don’t know.
Europe’s Inflation Issue Moves Into a New Phase: From Profits to Wages
The European Central Bank expects to bring down inflation, with a big caveat: Companies need to let profits fall as they pay for higher wages.
Top Central Bankers Expect More Rate Increases Amid Stubborn Inflation
The heads of the Federal Reserve, European Central Bank and Bank of England said that while inflation was moderating somewhat there was still more work...
Inflation Is Proving Persistent as It Moves Through the Eurozone Economy
Christine Lagarde, the president of the European Central Bank, called for more “more persistent policy” to stifle price rises.
Bank of England’s Critics Multiply After Interest Rate Increase
Pressure is building in Britain for the bank’s governor, Andrew Bailey, to show that policymakers have a handle on the inflation problem.
Bank of England Pushes Interest Rates Up by a Half Point
The central bank raised rates more than expected as inflation shows signs of persistence in Britain.
U.K. Inflation Remains Stuck at 8.7 Percent
The rate, which had been expected to edge lower in May, shows that Britain’s cost-of-living crisis persists, and is likely to prompt the Bank of England...