Can the Bank of England justify more rate cuts? | The Week in Markets

Kevin Kidney, Head of Investments, and Matt Henderson, Portfolio Manager, take focus on the UK this week and discuss the surprising inflation data which came in above expectations. This data puts the Bank of England in a difficult position when trying to justify addition interest rate cuts but next months Monetary Policy Committee will provide updated projections. We’ve also had data on UK employment and the somewhat contradictory picture being painted from survey and payroll data.