EPISODE · Jan 16, 2024 · 4 MIN
Will UK wage data impact interest rate cuts? | Morning Markets
from True Potential Morning Markets · host True Potential
Today saw another sharp reduction in UK wage pressures which supports the case for lower interest rates. With inflation on course to be near the Bank of England's 2% target by late spring and with softer wage pressures today, the market is becoming increasingly confident that interest rate cuts could come as soon as May.
What this episode covers
Today saw another sharp reduction in UK wage pressures which supports the case for lower interest rates. With inflation on course to be near the Bank of England's 2% target by late spring and with softer wage pressures today, the market is becoming increasingly confident that interest rate cuts could come as soon as May.
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Will UK wage data impact interest rate cuts? | Morning Markets
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