In today's episode, we delve into ExxonMobil's impressive first-quarter earnings for 2025, despite a slight revenue miss. We also explore the Bank of England's anticipated interest rate cut and its potential impact on the UK economy. Lastly, we analyze the mixed signals from US inflation data and their implications for future economic policy. Join us for these stories and more on Simply News Radio.
Sources:
https://www.tipranks.com/news/company-announcements/exxonmobil-reports-strong-q1-2025-earnings-amid-strategic-growth
https://www.investing.com/news/transcripts/earnings-call-transcript-exxonmobil-q1-2025-beats-eps-estimates-stock-rises-93CH-4019999
https://www.nasdaq.com/articles/exxonmobils-q1-earnings-top-estimates-higher-production
https://www.investopedia.com/exxonmobil-chevron-earnings-q1-fy2025-11725806
https://news.alphastreet.com/key-highlights-from-exxon-mobils-xom-q1-2025-earnings-results/
https://www.morningstar.co.uk/uk/news/264256/will-uk-mortgage-rates-fall-further-in-2025.aspx
https://www.morningstar.co.uk/uk/news/264128/will-the-bank-of-england-cut-interest-rates-in-may.aspx
https://www.usinflationcalculator.com/i-bonds-rates-news/i-bond-rate-set-at-3-98-from-may-2025-to-october-2025/100055256/
https://opusllp.com/economic-overview-for-may-2025/
https://wolfstreet.com/2025/04/30/inflation-is-in-the-revisions-what-stands-out-once-again-in-the-pce-price-index-sharp-up-revisions-of-prior-months-inflation/
https://www.advisorperspectives.com/dshort/updates/2025/04/29/consumer-confidence-plunges-five-year-low-april-2025
https://www.channelchek.com/news-channel/consumer-confidence-crumbles-as-job-market-cools-and-inflation-fears-mount