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Wealth Design News

Inflation falls

Falling UK inflation opens the way for rate cuts before USA

UK CPI inflation slowed to 3.2% in March due to falling food prices and lower energy costs. This is down from 3.4% in February. Core inflation (excluding volatile food and energy
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Oil price rise

Middle East tension and rising demand push up oil price

The price of crude oil has increased around 10% in recent weeks as fears that conflict in the Middle East may broaden and begin to affect supply. In 2023 oil peaked
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Mortgages up

UK Mortgage Market perking up

The mortgage market delivered more good news as approvals rose more than expected in February, hitting a 17-month high. This follows the trend in the housing market were mortgage rates have
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Interest Rate Cuts?

Central Banks signal possible rate cuts in Spring

This week falling inflation and positive updates from central banks helped generate an optimistic mood. Equities have done well so far this year, but bonds have struggled due to the tension
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GDP rising

UK – GDP rises in January, BUT….

The jobs market in the UK remains robust but there are more signs of a slowdown. Unemployment increased slightly to 3.9% and the number of people who are economically inactive increased again.
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Budget 2024

Chancellor takes final chance for pre-election giveaway

This week has been all about politics. The US presidential primary season ended as Nikki Haley withdrew from the Republican contest. With no official challenger to Joe Biden among the Democrats,
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Inflation falls

Inflation in US slows, but some spending unaffected by high rates

This week investors breathed a sigh of relief as US core inflation resumed its downward trend. The Core Personal Consumption Expenditure Price Index is a significant measure of US inflation as
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Interest Rate Cuts?

Investors await the start of the rate cutting cycle

This week, there has been an increase in attention towards Chancellor Jeremy Hunt, as he is expected to announce his Spring Budget in two weeks’ time. In the previous Autumn budget,
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Recession

Technical recession confirmed for UK

This week we got what should have been monumental news that the UK is officially in recession. The specific definition being used for this headline isn’t particularly useful however. Most people
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