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Notayesmanseconomics's Blog

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Economy

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Notayesmanseconomics's Blog

29.03.2025

Retail Sales and GDP revisions provide some better economic news for the UK | Notayesmanseconomics's Blog

One of the things I enjoy about economics is the way that releases can wrong-foot a trend.We have seen my home country the UK under pressure this week as Chancellor Rachel Reeves found herself having to re do her sums for the public finances. Her answers were not especially convincing as I looked at yesterday.…

Notayesmanseconomics's Blog

01.04.2025

The Bank of England should keep interest rates at 4.5% | Notayesmanseconomics's Blog

Today we switch focus to the Bank of England and one perspective is that it is caught between a rock and a hard place. The rock is the US Federal Reserve where in spite of the calls from President Trump for interest-rate cuts prospects have changed. On Friday we got the latest numbers for the…

Notayesmanseconomics's Blog

02.04.2025

ECB President Christine Lagarde wants control over your savings | Notayesmanseconomics's Blog

Today the focus switches to the Euro area and of course it is bracing itself for the imposition of a wave of Trump Tariffs tomorrow. We are in a phase where being a net exporter is not working out as well as it once did. However this morning attempts to get ahead of the tariffs…

Notayesmanseconomics's Blog

03.04.2025

What economic impact will the Trump Tariffs have? | Notayesmanseconomics's Blog

Finally we have arrived at Liberation Day when we will find out in full what US President Donald Trump plans on the tariff front. The Financial Times is presenting it in relatively apocalyptic terms. Investors are on edge ahead of Donald Trump’s plan to hit imports to the US with new tariffs “immediately” on Wednesday,…

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