The latest news that energy and food prices are dropping rapidly in the UK will put pressure on the Bank of England’s monetary policy committee (MPC) to hold off any increase in rates the next time it meets. This is likely to push house prices further through the roof. Homebuyers desperate to get into...
Read more »
According to Australian industry forecaster BIS Shrapnel the Australian economy will peak this year and start a rapid decline in around two years. The local and global monetary policy tightening cycle is also expected to weigh on the Australian economy which could be headed for a downturn similar to that experienced in 2000-2001, the...
Read more »