David Milliken
Senior Economics Correspondent at Reuters
Contributor at Minutehack
Reuters reporter covering the Bank of England, UK economy & bonds. Formerly in 🇩🇪 and 🇧🇪. DMs open. RTs ≠ my view. Also on 🦋 at @davidmilliken.bsky.social
Articles
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3 days ago |
reuters.com | David Milliken
Philip R. Lane Chief Economist, European Central Bank talks to Balazs Koranyi, Chief Correspondent, Reuters (not pictured) at the London Stock Exchange, London, Britain, June 17, 2024.
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3 days ago |
zawya.com | David Milliken
The European Central Bank has "largely" completed its fight against high inflation in the euro zone even if prices in the services sector are still growing too fast, ECB chief economist Philip Lane said on Tuesday. "While headline inflation is currently around the target, services inflation still has some distance to travel to make sure that inflation stabilises at the target on a sustainable basis," Lane told an event in London.
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3 days ago |
zawya.com | Nell Mackenzie |Alun John |Linda Pasquini |David Milliken
LONDON: Global benchmark Brent crude oil is up around 20% so far in June, and set for its biggest monthly jump since 2020 as Israel-Iran tensions flare-up. Although relatively contained, the rise has not gone unnoticed just three years after Russia's invasion of Ukraine triggered a surge in energy prices that ramped up global inflation and sparked aggressive interest rate hikes. Here is a look at what rising oil means for world markets. 1/ HOW HIGH?
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1 week ago |
bilyonaryo.com | David Milliken
SOURCE: Reuters UK retail sales fall 2.7% in May after 1.3% April rise ONS says drop largely reflects slide in food sales Clothes and DIY sales also down after sunny April Monthly drop is largest since December 2023 Decline follows strong GDP growth in Q1 2025 By David Milliken LONDON, June 20 (Reuters) – British retail sales volumes recorded their sharpest drop since December 2023 last month, as demand fell after shoppers splurged on food, summer clothes and home improvements the month...
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1 week ago |
msn.com | David Milliken
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RT @CatarinaDemony: LARGE PARTS OF SPAIN AND PORTUGAL HIT BY POWER OUTAGE via @Reuters
RT @NigelStevenson5: Take Five: Market themes for the week ahead - The art of diplomacy @LKrauskopf @david_milliken @a_coops1 @marcjonesrtr…
Bank of England rate decision coming up at 1200 GMT. Top line: rate cut to 4.75% from 5% likely, focus on how Bailey expects budget and Trump to affect 2025 rate cuts. More here from @BruceReuters https://t.co/CqBvvGteVy