A cooling UK labour market is fueling new buzz that the Bank of England might soon cut interest rates. As wage growth slows and unemployment climbs, expectations for monetary easing are building rapidly
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UK inflation has soared to its highest level since January 2024, intensifying pressure on the Bank of England as it weighs potential rate cuts. Markets are navigating cautiously, with policymakers walking a delicate tightrope between curbing inflation and supporting economic growth
UK services inflation has unexpectedly declined, offering a positive signal for the Bank of England as it navigates economic challenges. This shift may ease pressure on policymakers, potentially influencing future interest rate decisions.