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  • Taylor Swift’s London Eras Tour could delay Bank of England rate cut, analysts say

    From cnbc.com

    Taylor Swift’s record-shattering Eras Tour is continuing to supercharge consumer spending as it enters its U.K. leg, suggesting that the Bank of England may not be out of the woods yet in its fight against inflation. As hundreds of thousands of dedicated Swifties flock to London in August to see the singing sensation during her final U.K. dates, the economic boost could be enough to defer a possible September interest rate cut, according to investment bank TD Securities. “We still anticipate a BoE cut in August, but the inflation data for that month might keep the MPC (Monetary Policy Committee) on hold in ... (full story)

God help us all.
Quoting mike22
God help us all.
It's a brave new world out there....

On behalf of the US (Eras is kind of like an exported service at this point, yeah?), you are welcome for the increased business activity London.

On a personal note, I am sorry that the "trade" for 20 years of sending us exceptional classic rock bands has to be this. It could be worse, don't get me wrong, but I still think we got the better end of that deal. Though, I am reminded that Zeppelin wasn't really "big" until after their American tour, so........
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BoE will likely follow the ECB and cut in June
Imagine when a concert has the ability to reignite inflation, just shows how fragile UK economy is at the moment from the money printing they did back in 2020.
Simulation confirmed?
Everyone can see the chart, but only a few can actually read it.
We just live in her world. Such an icon
I make my own luck.
Base artistry affecting base rate?
SWIFT holds.
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