Monetary Policy

January inflation data makes rate cut more likely


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In the Media

Julian Jessop writes for The Express

Julian Jessop quoted in This Is Money

IEA Economics Fellow Julian Jessop has been quoted in This Is Money responding to news that the rate of inflation in January was a lower-than-expected four per cent, increasing the chances of an interest rate cut.

Julian said:

“Rates are probably on hold until May, but when the Bank does move it is likely to move quickly, with rates ending the year at around 4 per cent.”

Read the full article here.

Julian’s comments were also featured in Currency News, Credit-Connect, and Pound Sterling Live.



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