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Top related persons:
Shaan Raithatha - 2 LEI - 1 Justyna - 1 “ - 1 ” - 1 – - 1 Sunak - 1 Andrew Bailey - 1
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U.S Wells Fargo The Bank of England Ukraine Europe Moscow Sintra , Portugal U.K
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Vanguard - 2 The Conference - 1 Congress - 1 Federal - 1 Commerce Department - 1 Fed - 1 Bank of England - 1 Getty - 1

Search resuls for: "Shaan Raithatha"


2 mentions found


☆ Bad Times, Good Times: Economic Indicators Down in December but Slightly Improved
  + stars: | 2024-01-22 | by ( Tim Smart | Jan. | At A.M. | ) www.usnews.com   time to read: +3 min
A forward-looking gauge of economic activity continued to soften in December, though the overall rate of decline improved in the last six months of 2023. The Conference Board’s Leading Economic Index fell by 0.1% in December, below expectations, yet contracted by 2.9% over the past six months, down from 4.3% for the prior six-month period. “Despite the overall decline, six out of 10 leading indicators made positive contributions to the LEI in December. Moreover, other recent economic data – consumer sentiment, retail sales and jobless claims – has been positive and consistent with an expanding economy. The Fed indicated then that members of its monetary policy committee favored at least three cuts in rates this year.
Persons: LEI, Justyna, “, ”, –, Shaan Raithatha Organizations: The Conference, Congress, Federal, Commerce Department, Vanguard, Fed Locations: U.S, Wells Fargo
☆ Inflation blame game: UK economic woes set government and central bank on a collision course
  + stars: | 2023-07-04 | by ( Elliot Smith | ) www.cnbc.com   time to read: +8 min
Sunak has reiterated his "total support" for the Bank of England and under fire Governor Andrew Bailey. Meanwhile, economic growth has all but stagnated and public debt has surpassed 100% of gross domestic product for the first time since March 1961. "What is perhaps surprising is that the energy shock in the U.K. was larger than in most of mainland Europe." In a recent CNBC-moderated panel at a monetary policy forum in Sintra, Portugal, Bailey noted that the U.K. labor force is unique in remaining below its pre-Covid levels. Thanos Papasavvas, founder of ABP Invest, also alluded to the unique susceptibility of the U.K. to high inflation, but said the Bank of England should have been alive to this far earlier.
Persons: Sunak, Andrew Bailey, STEFAN ROUSSEAU, Rishi Sunak, Shaan Raithatha, CNBC's, We've, they've, Raithatha, we've, Richard Flax, Panmure Gordon, Simon French, Bailey, it's, Brexit, Catherine Mann, It's, Panmure Gordon's, French, Thanos Papasavvas Organizations: Bank of England, Getty, Sunak's Conservative, The Bank of, Vanguard, CPI, CNBC, Bank, Monetary, Committee, Panmure, ABP Invest Locations: The Bank of England, U.S, Ukraine, Europe, Moscow, Sintra , Portugal, U.K, British
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