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
Bank now expects inflation to fall faster “Paul Dales, chief UK economist at Capital Economics stressed that the below-target inflation projection implies that the “Bank thinks rates may need to fall a bit further than the market path it used... 10th May 2024 · The Times
For Clues on Why the BOE Hasn’t Cut Rates, Just Head to the Pub Pay growth in the hospitality sector is running at about 8% — higher than the national average — according to PAYE data analyzed by Capital Economics. Firms are competing over a shrinking talent pool... 7th May 2024 · Bloomberg
UK inflation: From too high, to too low? Paul Dales, chief UK economist at Capital Economics, concurs: “Our view is that average earnings growth slips to around 2 per cent, but then ‘settles’ around 3.5 per cent. The latter is consistent... 2nd May 2024 · Financial Times