BOE Drops The Hiking Bias and Starts Moving Towards Policy Easing

BOE Drops The Hiking Bias and Starts Moving Towards Policy Easing

by Brunello Rosa and Nato Balavadze

1 February 2024

In this paper we discuss:

1. The BoE’s assessment of the UK economy;
2. What the BoE did in January and could do in coming months;
3. The changes to the growth and inflation forecasts; and
4.  The market implications of the above.

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