Weekly CPA – UK Economic Update – 14 February 2025
Date Published
14 February 2025
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TDUK
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Summary
As stated in previous updates, the Bank of England will be cautious about interest rate cuts due to uncertainty over stubborn inflation, but conversely, the Bank may be under pressure to reduce interest rate cuts earlier if, as expected, UK GDP growth in 2024 Q4 and 2025 Q1 is broadly flat or marginally negative like in Q3.
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