A Soft Landing
A soft landing An economic ‘soft landing’ refers to when an economy slows down from a period of strong growth but avoids falling into a recession. The achievement of an economic ‘soft landing’ has been the ‘holy grail’ sought by the world’s major central banks since they started sharply raising interest rates in 2022 in […]
Recession, Inflation & Economic Realities: What Jamie Dimon’s Warning Means For The UK & Beyond
Jamie Dimon, chief executive of JP Morgan, said the early 2020s were shaping up to be “the most dangerous time the world has seen in decades”. Dimon cited geopolitical tensions, extremely high government debt levels and the unknown longer-term consequences of quantitative tightening in reducing liquidity. Dimon warned “The war in Ukraine compounded by last […]
Are Interest Rates ‘Near The Top Of The Cycle’?
Currency Exchange Rates Update The first half of September has seen the Pound come off its summer highs against its main rivals. Losing 1.4% against the Euro; 2.8% against the US Dollar; 2.5% against the Australian Dollar and 1.9% against the Canadian Dollar. What’s In The News? In The UK… The current base rate set […]
The Pound Is Doing Well…
All Things Considered; the Pound is doing rather well. The Pound enters the last week of November at: – It’s All About Perspective Given where we are economically in the UK with the Bank of England warning the UK is facing its longest recession on record at two years which could nearly knock 3% off […]