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0 25% increase sees rates hit highest level since 2009

The Bank of England has today hiked interest rates by 0.25% in its fourth consecutive rise, taking them to their highest level in more than 12 years.

United kingdomHinesh patelDavid brooksTom birkinHargreaves lansdownHelen morrisseyPensions groupQuilter investorsDavid brooksTom birkinHargreaves lansdownHelen morrisseyHinesh patel

US economy unexpectedly shrinks 1 4% in first quarter

US GDP unexpectedly shrank by 1.4% on an annualised basis in the first quarter of 2022, below expectations of 1% growth.

Hinesh patelJerome powellSarah giarrussoRichard flynnTilney smith williamsonUs commerce departmentFederal reserveUs bureau of economic analysisEconomic analysisQuilter investorsTilney smithFed chair jerome powellCharles schwab united kingdomUs commerce departmentHinesh patelFederal reserve

US economy unexpectedly shrinks 1 4% in first quarter

US GDP unexpectedly shrank by 1.4% on an annualised basis in the first quarter of 2022, below expectations of 1% growth.

Hinesh patelJerome powellSarah giarrussoRichard flynnTilney smith williamsonUs commerce departmentFederal reserveUs bureau of economic analysisEconomic analysisQuilter investorsTilney smithFed chair jerome powellCharles schwab united kingdom

CL ENTERPRISES WELCOMES NEW EXECUTIVES IN RESPONSE TO STRONG GROWTH

/PRNewswire/ This week CL Enterprises announced the hiring of key executives across several of its subsidiary companies to enhance management depth,.

United statesHinesh patelShay brokemondKeith pearseassumesMichelle scott christWilliam blairDanny looneyisCl enterprises groupSource cl enterprisesUniversity of dubuqueChicago beer companyGeorgia institute of technologyCl enterprisesTangled rootsChicago beerStarved rock wood products

All eyes on the Fed: Industry reacts at US inflation hits 8 5%

US inflation hit 8.5% in March, up from 7.9% in February and its highest level since 1981.

Dan boardman westonHinesh patelSilvia dallangeloRonald templeUs bureau of labor statisticsFederal reserveLabor statisticsQuilter investorLazard asset managementFederated hermes limitedHinesh patelHe federal reserveHe fed

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