December inflation jump does not rule out rate cut
Julian Jessop quoted in The Daily Mail
Julian Jessop quoted in The Express
“The tick-up in UK inflation to 4% in December will probably delay the first rate cut…but one small miss in one month’s data does not change the big picture.
“Inflation is still likely to fall to the 2% target in April and the markets will continue to price in large rate cuts later in the year.”
Read the full article in The Daily Express (18/01/2024, p.9)