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With central banks seeking to tame high inflation, monetary policy is constrained, leaving governments to ease the pain of higher inflation where possible.
Spain was the best performer, growing 1.1% after growth of just 0.2% in the previous quarter, and the main disappointment came from Germany.
Boris Johnson’s resignation triggers a leadership contest for the Conservative Party and premiership that is unlikely to be settled before the autumn.
Brexit has taken a backseat from the headlines this year, but the deadline for extending the transition period is approaching. We expect a partial trade deal to be done by the end of 2020.
With the UK rocked by Covid-19 and Brexit negotiations ongoing, we examine the outlook for the economy.
The US Bureau of Labor Statistics (BLS) today reported 701,000 non-farm job losses for the month of March it came as a severe shock.
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