30th January 2024 Paul Dales, chief UK economist at Capital Economics, the consultancy, said: “Inflation pressures are fading fairly fast … overall CPI inflation will fall below the Bank of England’s 2 per cent target in April.” View article
Consumer anger over high prices piles pressure on politicians “[Consumers] look at how much they spend on their utility bill or their weekly food shop and conclude that these costs aren’t going down, so the cost of living crisis is still going on,” said Paul... 11th November 2024 · Financial Times
UK inflation rate falls below target to 1.7% Paul Dales, chief UK economist at Capital Economics, a consultancy, said that a rate cut next month already seemed “nailed on” before the September inflation figures, but added: “The chances of that... 17th October 2024 · The Times
Pound falls as UK inflation declines more than expected to 1.7% A November cut already looked “nailed on before today’s release”, said Paul Dales at Capital Economics. “The chances of that being immediately followed by another quarter-point cut at the following... 17th October 2024 · Financial Times