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...“GDP would need to fall by an unlikely 1 per cent month on month or more in March for the economy to contract in the first quarter as a whole,” said Paul Dales, chief UK economist at Capital Economics....
...Paul Dales, chief UK economist at the consultancy Capital Economics, said the easing in pay growth was “probably still a bit too slow for the Bank of England’s liking”, although there were “signs that a...
...Paul Dales, economist at the consultancy Capital Economics, said the data would encourage the BoE “that higher rates are working” and that GDP would soon contract, triggering “a mild recession”....
...The conflict could “restrain how far inflation falls next year”, Paul Dales, an economist at Capital Economics, said....
...Additional help by Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley....
...Paul Dales, chief UK economist at the consultancy Capital Economics, said: “We still think the bank will raise interest rates by 0.25 percentage points tomorrow, although the risk that the bank leaves rates...
...Additional help from Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley....
...Monetary policy: Federal Reserve Bank of Atlanta president Raphael Bostic, Federal Reserve Bank of Kansas City president Jeffrey Schmid and Federal Reserve Bank of San Francisco president Mary Daly speak...
...Paul Dales, economist at Capital Economics, said he expected the economy had grown marginally during the three months to June....
...Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer....
...Paul Dales, at the consultancy Capital Economics, said that while he still expected UK output to shrink, successive contractions that together amount to around 0.5 per cent would be “the mildest recession...
...Paul Dales, chief UK economist at Capital Economics, said the BoE would have to “fight tougher” to bring down inflation because “the acceleration in core inflation leaves the UK looking increasingly like...
...And central banks have maintained their independence, ignoring calls from President Luiz Inácio Lula da Silva in Brazil and President Andrés Manuel López Obrador in Mexico to cut interest rates, arguing...
...UK entrepreneur and Labour party donor Dale Vince is planning to challenge the country’s tax authority over the way it taxes private equity profits....
...But the worst problem of 2023 — inflation — should be “moving into the rear-view mirror”, said Paul Dales of the consultancy Capital Economics....
...Here’s what else I’m keeping tabs on today: Xi-Obrador meeting: The Chinese leader follows up yesterday’s summit with Joe Biden with a face-to-face meeting with Mexico’s president Andrés Manuel López Obrador...
...Additional reporting by Mary McDougall...
...Central banks: The president of the Chicago branch of the Federal Reserve, Austan Goolsbee, and San Francisco Fed president Mary Daly will both speak at public events today....
...Implementation is expected to take place over the coming decade, according Stephen Dale, president of the International VAT Association, which represents the interests of businesses and advisers involved...
...“A friend and mentor of mine, Mary Lasker, used to ask, ‘What is missing and what is needed?’ This is the basis for my philanthropy....
...“A lot of it seems to be about power,” says Rob Briner, a professor of organisational psychology at Queen Mary University of London....
...Migration will feature heavily on the agenda at that meeting, especially in talks with Mexican president Andrés Manuel López Obrador....
...We agree with the United States that these policies are inconsistent with Mexico’s USMCA obligations,” a spokeswoman for Mary Ng, Canada’s international trade minister, said in a statement....
...Joaquín Sorolla’s serene swimmer emerges from a luminous sea like a modern “Birth of Venus” in “After the Bath”, and polychrome sculptures of a fervent Mary and Jesus carved by 17th-century nun Andrea de...
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