July 10, 2024 at 02:35PM
When-rather-than-if characterization of prospective rate cuts seems appropriate
The challenge for the MPC is to get the balance right
We have to be realistic about how much any one or two economic releases adds to our assessment
Services price inflation and wage growth continue to point to an uncomfortable strength in underlying inflation
Hard to dispute the case that inflation persistence in the UK continues to prove persistent
The pound is higher on these comments.
This article was written by Adam Button at www.forexlive.com.