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08.10.26 - 16:12
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BOE′s Bailey Says Fiscal Policy Risks Becoming Less Effective (Bloomberg)
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Bank of England Governor Andrew Bailey warned that governments may be left helpless in the event of another downturn as their firepower is sapped by weak growth and a series of severe shocks. "Fiscal policy can operate as a countercyclical tool of policy," Bailey said at an event in Turkey. "But if the negative shocks come at higher frequency, and underlying growth in the economy is lower, countercyclical policy becomes very difficult to follow successfully." (Source: TCMB Istanbul Economic Forum)...
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01.10.26 - 09:48
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UK house price growth halves amid rising mortgage interest rates (The Guardian)
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Prices fell by 0.2% month on month in September as average price of a home slipped to £274,251, says NationwideBusiness live – latest updatesAnnual house price growth halved in the UK last month, as economic uncertainty sparked by conflict in the Middle East continued to deter homebuyers.The average price of a British home rose 0.8% in the year to September to £274,251, according to Nationwide. That was half the rate recorded in August, when house prices grew 1.6% year on year. It also marked the slowest pace of home price growth since December last year. Continue reading......
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Notenbank Großbritannien 10530.989 +0.02% (FTSE 100 Kurs)
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