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ICYMI – Morgan Stanley slashes UK 2025 GDP growth forecast to 0.9% (from 1.3% previously)

January 27, 2025 at 10:16PM
Justin had the news on this on Monday.

Morgan Stanley cited:

recent slowdown

signs of labour market weakness

MS added that the lingering effects of the 16-year Bank rate will weigh on growth:

peak impact of the BoE’s policy tightening is likely behind us

drag on the economy still persists

Bank of England Bank Rate is currently 4.75%

This article was written by Eamonn Sheridan at www.forexlive.com.

ICYMI – Morgan Stanley slashes UK 2025 GDP growth forecast to 0.9% (from 1.3% previously)