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Central banking

Bank of England to cut rates in May, Morgan Stanley says

The Wall Street bank's contrarian view is now some way off consensus, which currently prices in an initial BOE rate cut in September, according to LSEG data. It comes as the…
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China’s factory activity expanded in January, diverging from official data

Several bills, each with a value of 100 Chinese renminbi, lie on a table.Johannes Neudecker | Picture Alliance | Getty ImagesChina's factory activity expanded for a…
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UK inflation rate surprises with rise to 4%, led by alcohol and tobacco

Andresr | E+ | Getty ImagesEconomists polled by Reuters had expected a modest decline in the annual headline CPI to 3.8%, after November's sharper-than-expected fall to…
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