We think the Bank of England will decide to start cutting rates at its next meeting, but there’s a series of crucial data releases between now and that policy decision on 20th June – not least the April CPI report due Wednesday, 22nd May.
Our UK team held an online client briefing shortly after the CPI release about the latest data, whether it moves the dial on the timing on the first interest rate cut and what it all means for the UK macro and markets outlook.
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