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13th Mar 2024 18:21UK, Daily Monitor

  • Weaker-than-expected inflation and wages likely raise MPC confidence in a summer rate cut.
  • A stronger-than-expected growth rebound suggests some caution still.
  • So, we expect no major change to the guidance at the MPC’s meeting on March 21.

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Keywords for: 15 March 2024 UK Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence