Weakening UK demand could help bear down on inflation, says BoE governor
Andrew Bailey plays down risks of self-reinforcing acceleration in price growth
Read more at Financial Times
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Trump’s tariff talk is raising inflation and could weaken the economy, ISM finds: ‘Customers are pausing on new orders’
The specter of rising U.S. inflation reared its head in February as the cost of supplies for U.S. manufacturers jumped to more than a 2 1/2-year high in response to new or threatened tariffs by ...MarketWatch - 2d -
Lloyds Bank overstated interest-bearing deposits to BoE by £44bn
Error fed into data set used by watchdog in review of UK’s cash savings marketFinancial Times - 6d -
FirstFT: Trump says UK could be spared tariffs
Also in today’s newsletter, Citi sends client $81tn in ‘near miss’ and Mexico extradites prisoners to the USFinancial Times - 5d -
BoE plans to ease leverage rules on UK lenders
Proposal is latest sign of regulators responding to government pressure to cut business red tapeFinancial Times - 14h -
Tesla China shipments tumble, the latest sign of weakening demand
Yahoo News - 1d -
Wall Street’s biggest bear says the S&P 500 could drop to 4,200. Here’s his advice for right now.
BCA Research’s Peter Berezin sees a U.S. recession on the horizon — a reason to stay out of stocks.MarketWatch - 12h -
Bank of England governor says risks to UK, global economy from trade wars ‘substantial’ – as it happened
Andrew Bailey says ‘essential that we don’t abandon multilateralism;’ European stock markets, euro rally after Germany announces fiscal ‘bazooka’. German stock markets are surging while the ...The Guardian - 11h -
UK-US trade deal could mean tariffs 'not necessary', says Trump
The US president says a trade deal could happen very quickly and avoid taxes on UK imports.BBC News - 6d -
Can a HELOC help fight inflation? Experts weigh in
With inflation steadily rising in recent months, some homeowners may want to consider a HELOC for help. Here's why.CBS News - 13h
More from Financial Times
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Trump hands carmakers 1-month reprieve from tariffs
Carve-out applies to companies operating through US-Mexico-Canada trade pactFinancial Times - 21m -
Trump warns tariffs will cause ‘a little disturbance’ in defiant speech
In address to Congress president doubles down on levies and insists he will ‘get’ GreenlandFinancial Times - 21h -
Ten things you should know about Trump’s tariffs but were afraid to ask
No, Mr President, they are not going to make America rich, great or popularFinancial Times - 9h -
US cuts off intelligence sharing with Ukraine
Fresh blow to Kyiv as Trump administration shifts on conflictFinancial Times - 11h -
Millennium’s billionaire founder explores expanding ownership to executives
Izzy Englander still owns 100% of one of the world’s top hedge fundsFinancial Times - 6h
More in Business
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Japanese 10-year bond yields surge to near 16-year highs on rate-hike expectations, global sell-off
The 30-year bond also crossed the 2.5% mark for the first time since 2008.CNBC - 6m -
'Tariff war, a trade war or any other type of war' — China says it's ready to fight U.S. until the end
Beijing announced Tuesday additional tariffs as high as 15% on certain U.S. goods, starting from March 10 and a series of new export restrictions for designated U.S. entities.CNBC - 11m -
Trump hands carmakers 1-month reprieve from tariffs
Carve-out applies to companies operating through US-Mexico-Canada trade pactFinancial Times - 21m -
Trump hates the Biden-era Chips Act. What’s next for semiconductor makers?
Intel is viewed as “being left on the side of the road” by the Trump administration.MarketWatch - 1h -
Why ‘Trump Turmoil’ has made a U.S. recession much more likely
Instead of rapid-fire trade deals, Trump has triggered a trade war.MarketWatch - 1h