Paul Hannon Reporter
  • London
  • The Wall Street Journal

Paul Hannon reports on economics and central banks for The Wall Street Journal.

Focus Areas

  • Economics
  • Central Banks

139 Articles
1 day ago
wsj.com

Eurozone Inflation Eased in November, but Further Rate Rises Likely

Consumer prices in November were 10% higher than a year earlier but down from the 10.6% annual rate of inflation reco...

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8 days ago
wsj.com

Global Economy Slows, but Seems Set to Avoid Recession

The global economy is slowing as a turbulent 2022 draws to a close, but economists don’t expect it to slide into rece...

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9 days ago
wsj.com

ECB Must Narrow Interest-Rate Gap With Fed, OECD Says

While there have been some recent signs that these rates are at or close to their peaks, the Paris-based research gro...

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14 days ago
wsj.com

U.K. Unveils Tax Increases and Spending Cuts to Shore Up Finances

Treasury chief Jeremy Hunt laid out his spending plans for Britain amid high inflation, rising interest rates

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16 days ago
wsj.com

U.K. Inflation Hits 41-Year High as Recession Looms

Consumer prices were 11.1% higher than a year earlier, but a price cap on energy and a looming recession means any fu...

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20 days ago
wsj.com

U.K. Economy Shrank in Third Quarter, Sliding Toward Recession

High energy costs, rising interest rates and a labor shortage weighed on British output in the three months through S...

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28 days ago
wsj.com

Bank of England Raises Key Interest Rate by 0.75 Point

The hike is the largest since 1989, as the bank fights a surge in inflation from rising energy prices even as the U.K...

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about 1 month ago
wsj.com

Eurozone Inflation Rate Rises to 10.7% as Recession Looms

The annual rate of consumer-price inflation in the eurozone increased to double digits in October, reaching a record ...

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about 1 month ago
wsj.com

U.K. Prime Minister Rishi Sunak Calms Markets—for Now

The prime minister has managed to help calm markets by convincing investors that he won’t jeopardize financial stabil...

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about 1 month ago
wsj.com

Rishi Sunak Wins Vote to Become U.K.’s Next Prime Minister

Former Chancellor Rishi Sunak, who warned that Liz Truss’ economic plans for Britain were a “fairy tale,” will take o...

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about 1 month ago
wsj.com

Europe’s Economy Contracts as Tough Winter Looms

Business activity in Europe fell for a fourth straight month in October, according to new surveys, as the continent e...

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about 1 month ago
wsj.com

U.K. Inflation Reaches 10.1% as Government U-Turns Cloud Outlook

Consumer prices rose by double digits in the 12 months through September, but where inflation goes next depends on a ...

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