Goldman Sachs expect slower transmission to result in a more aggressive response of Bank Rate to signs of inflation persistence. Given the recent indications of persistence in the labour market and inflation data, we now expect a further 25bp hike in November, taking our terminal rate forecast to 6%, and forecast the first cut in 2024Q3.…
Don't overlook the importance....read on.…
..and 7-2 to keep base rate at 0.1%…
Dial 159…
They matter....…
You never loose it, the Prime Minister can still speak perfect 5th grade French, but lets leave politics out of this blog or next we will be talking religion and what can possibly go wrong with all of that? So lets talk economy and natural gas...…
House prices have defied expectations over the last year, rising dramatically in the face of the Covid-19 economic crisis. While many commentators have blamed transaction tax holidays for this trend, analysis in this Housing Outlook suggests this is somewhat wide of the mark.…
Perhaps the biggest question asked by customers is when will interest rates rise?…
UK market very healthy and not all about the stamp duty holiday.…
Depending on your choice of newsfeed last nights Mansion house speech by the Bank of England governor Andrew Bailey means your take away was that the BoE is ready to react to persistent inflation, he isn't whistling in the wind over inflation or the BoE won't over-react to temporary jump in inflation....…