MPC deals blow to Rishi Sunak but leaves door open to post-election cut
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects you
Rishi Sunak hails ‘very good news’ but markets dial back bets on rate cuts owing to services price pressures
Price rises for services remain stubbornly high despite the headline rate dropping
BoE survey will be welcomed by policymakers ahead of interest rate decision next week
The US, Eurozone, UK and Japan each have reasons to be unhappy
Household cost inflation for those with home loans hits 5.5% in March
BRC data shows stores making price cuts on big-ticket items including furniture
Also in this newsletter: UK inflation falls less than expected, row escalates over Palestinian statehood, ‘Chat Xi PT’
Price rises in critical indicator of services sector slipped only marginally in April
Four mildly interesting updates
Consumer price growth of 2.3% exceeds forecasts
Andrew Bailey also says next move in interest rates by central bank will be a cut
Real rentals, fast food and awkward adjustments in an inflation index near you
Kantar figures indicate prices rose 2.4% in the four weeks to mid-May, down from 3.2% the previous month
Ben Broadbent believes direct effects of pandemic and war in Ukraine have now ‘faded’
Drop in household energy bills set to push price growth close to Bank of England target
Market Questions is the FT’s guide to the week ahead
Megan Greene believes ‘burden of proof’ must lie in inflation waning before Bank of England loosens stance
Gaps make it much harder to tell how fast inflationary pressures are receding
Investors raise short positions to 16-month high as conviction grows that UK borrowing costs will fall ahead of US
Investors predict MPC will maintain interest at 5.25% when it meets on Thursday
Former governor says central bank ‘tarnished’ record by keeping interest rates low as price pressures intensified
Forecaster delivers downbeat outlook ahead of local elections in England
FT analysis of official data points to impact of cost of living crisis on consumption
UK Edition