Carney Watches Yellen Masterclass on Cautious Policy Tightening
Carney Watches Yellen Masterclass on Cautious Policy Tightening
Bank of England Governor Mark Carney can now look to Janet Yellen for a lesson in hiking rates.
Bloomberg
Bloomberg
U.K. Retail Sales Surge Amid Black Friday Discounting
U.K. Retail Sales Surge Amid Black Friday Discounting
U.K. retail sales rose more than economists forecast in November as Black Friday discounts boosted department stores and spending on household goods.
Bloomberg
Bloomberg
Consumer Plays Catchup as Russia Gets a Break From Inflation
Consumer Plays Catchup as Russia Gets a Break From Inflation
As industrial production capped its sixth month of improvements in November, there’s some catching up to do for the Russian consumer.
Bloomberg
Bloomberg
Carney-Yellen Yield Spread Shows U.K. Trailing by Most Since ’06
Federal Reserve Chair Janet Yellen may have raised U.S. interest rates for the first time in nearly a decade this week, but the Bank of England is going nowhere fast.
Bloomberg
Bloomberg
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Black Friday discounts drive surprise rise in UK retail sales
Buoyant data confounds business group warnings but analysts fear November sales rise may come at the expense of the traditional Christmas splurge
The Guardian - UK
The Guardian - UK
New Zealand Economy Grew More Than Forecast in Third Quarter
New Zealand’s economy grew more than economists forecast in the third quarter, buoyed by manufacturing and retail spending, which offset a drop in milk production.
Bloomberg
Bloomberg