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The Latest Breaking News from Pantheon Macroeconomics

UK economy set to have recorded modest growth amid budget concerns

The Office for National Statistics will reveal the latest UK GDP data on Thursday.

Evening Standard

UK economy set to have recorded modest growth amid budget concerns

The Office for National Statistics will reveal the latest UK GDP data on Thursday.

Evening Standard

UK economy boost set to be announced as budget uncertainty fades

The Office for National Statistics is set to reveal the latest UK GDP data on Thursday

The Independent UK

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UK economy set to have returned to growth despite budget caution

Monthly UK GDP (gross domestic product) is expected to have risen by 0.2% in November.

Evening Standard

UK inflation expected to jump to 21-month high of 4%

Economists predict higher motor fuel and airfare prices would have helped drive inflation to 4% in September.

Evening Standard

Inflation expected to jump to highest since January last year

Economists have predicted that Consumer Prices Index inflation will have hit 4% in September.

Evening Standard

The August home sales mystery: Top analyst says 'implausible' housing market data 'defies credulity'

Pantheon Macroeconomics' Oliver Allen says it's "inexplicable" that new home sales would jump to their highest level in more than three years all of a sudden.

Fortune

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In Trumpworld, the stock markets say that tomorrow never comes

Thus the markets remain buoyant despite the apparent dangers.

Fortune

Fed governor breaks ranks and says rate cuts could resume next month to prevent further cracks in the job market

“If you’re starting to worry about the downside risk to the labor market, move now, don’t wait,” Waller told CNBC.

Fortune

Blue chips edge higher amid gains on Wall Street

The FTSE 100 index closed up 12.76 points, 0.2%, at 8,787.02.

Evening Standard

US Hiring Misses Expectations In February, Jobs Market Sees Pressure

The United States added fewer jobs than expected in February and the unemployment rate ticked up, government data showed Friday, while analysts warn cracks are appearing in the labor market as President Donald Trump returned to office.

International Business Times

Stock Market Today: Stocks Waver as Big Tech Slumps on Spending Concerns

Markets seesawed amid worries over massive costs for artificial intelligence and mixed economic news.

Kiplinger

Why has inflation fallen and why is this good news for the Government?

The latest data has raised expectations that the Bank of England could cut UK interest rates again next month.

Evening Standard

December inflation set to stay at 2.6% in ‘reprieve’ for UK economy

The rate of Consumer Prices Index (CPI) inflation is expected to have come in at 2.6% last month, unchanged from November.

Evening Standard

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Evening Standard

Growth in UK construction sector slows to six-month low as housebuilding drags

The latest S&P Global construction purchasing managers’ index (PMI) scored 53.3 in December, down from 55.2 in November.

Evening Standard

UK interest rates set to be held at 4.75% after inflation rises again

The Bank of England will announce the results of its next policy decision on Thursday.

International Business Times

US Retail Sales Slow In October After Hurricanes

Analysts noted that devastating hurricanes in recent months likely disrupted consumption after the government data were released Friday.

The National (Scotland)

UK economy flatlines in July for second month running

THE UK economy flatlined in July for the second month in a row, according to the latest official figures, as the Chancellor said she is “under no…

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International Business Times UK

UK Consumer Inflation Rate Unexpectedly Decreases In November

Jeremy Hunt says that wages will go up as prices go down next year after it was announced that the rate of inflation has decreased to 3.9 per cent.

International Business Times

US Home Sales Edge Up In November But Still Gloomy

Sales of US existing homes crept up in November, according to industry data released Wednesday, though they remained at a low level as high mortgage rates weigh on activity.

The Independent UK

Average UK house price £14,500 lower in September than a year earlier

Some experts suggested that the house price downturn may only have a few months left to run, amid wider developments in the economy.

Fortune

Housing market affordability is so out of whack that 'the bulk of the drop in home prices is yet to come', says Pantheon Macroeconomics

Pantheon Macroeconomics: "We are baffled by the emerging narrative in the commentariat that housing is now recovering, because it isn’t."

The Independent UK

Mortgage approvals to home-buyers increase for first time in six months

Some 43,500 mortgages were approved for house purchase in February, up from 39,600 in January, according to Bank of England figures.

People

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