The Bank of England kept rates on hold in a 7-2 vote split, as widely expected. The economy is slowing, the labour market is cooling and, so far, inflation worries have not materialised. We expect an unchanged Bank Rate for the coming year, with risks tilted towards a hike this year and potential for lower […]
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A recent report from real estate technology company Zillow found that 242 U.S. cities now feature “starter homes” valued at $1 million or more. At the same time, the median annual salary for young professionals Read more…
It took roughly a week for a viral social media acronym to travel from an engineer’s social media post to the desks of securities lawyers at two asset management firms. That timeline alone reveals something Read more…
The dollar extends advance into the second consecutive day and hit the highest in more than a year on Thursday. Fed’s hawkish hold on Wednesday sparked fresh dollar’s rally, as signals of rate hike by Read more…