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18th Dec 2025 12:31UKWeekly Monitor
  • The MPC squeezed in a fourth rate cut for 2025 in response to weak wage, growth and inflation data.
  • But rate-setters suggested limited room for more cuts, surprising the market hawkishly.
  • We expect one more cut in April now, but that could easily be knocked off course by stubborn wages.

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Keywords for: 22 December 2025 UK Monitor

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