If wholesale natural gas prices were to surge again, UK inflation could climb back above 4% and remain elevated throughout much of 2027. … READ MORE >
Jack Wellard
Market Minute: Starmer resigns, but economic challenges remain
Andy Burnham, the next likely prime minister, has recently committed to sticking to the current fiscal rules but has also suggested that he wants to spend more to support households. … READ MORE >
Market minute: ECB to raise rates in June
Our assessment implies that, given the current global supply shock, the ECB’s monetary policy is too accommodative. … READ MORE >
Market Minute: The right, and wrong, way to ease UK energy prices
The challenge for policymakers is to do it in a way that preserves incentives while protecting the most vulnerable. … READ MORE >
Market Minute: UK gilts more vulnerable than other countries
Gilts have underperformed their U.S. and European counterparts, with short-dated yields in particular seeing some of the largest increases in the G7. … READ MORE >