We think a continued softening of the UK labour market and a sizeable tightening of fiscal policy later this month means that the Bank of England (BoE) will cut its policy rate further over the next year or so than currently discounted. In turn, that points to a continued drop in Gilt yields.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services