The lack of green shoots of recovery in the labour market and further fall in wage growth supports the idea that the Bank of England has at least a couple more interest rate cuts in its locker, with the chances of the next cut happening in March rather than our current forecast of April edging higher.
We’re hosting a special in-person roundtable event at our London office on Tuesday 24th February to discuss how a change in Prime Minister would influence the economy and markets. (Register here.)
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.
