- In one line: Volatile air fares cut CPI services inflation and will rebound, but Governor Bailey will now look for “aggressive" cut.
Rob Wood (Chief UK Economist)UK
- In one line: House prices rebound strongly in September.
Rob Wood (Chief UK Economist)UK
HOUSE-PRICE RECOVERY FALTERS IN JULY, BUT IT’S A BLIP...
- ...PRICE INFLATION WILL ACCELERATE TO 4.5% IN DECEMBER
Rob Wood (Chief UK Economist)UK
- In one line: Services inflation rebounds close to the MPC’s forecast, keeping it on track to hold rates tomorrow.
Rob Wood (Chief UK Economist)UK
- In one line: House prices drop unexpectedly in August, but should rebound as borrowing costs fall.
Rob Wood (Chief UK Economist)UK
- In one line: Weaker inflation helps the case for rate cuts, but airfares and hotel prices will rebound.
Rob Wood (Chief UK Economist)UK
- In one line: House price inflation beats expectations again.
Rob Wood (Chief UK Economist)UK
HOUSE PRICES DEFY HIGH INTEREST RATES...
- ...WE EXPECT 4% HOUSE-PRICE INFLATION IN 2024
Elliott Laidman Doak (Senior UK Economist)UK
- In one line: Erratic hotel prices drive June inflation surprise, but this is too strong for the MPC to cut in August.
Rob Wood (Chief UK Economist)UK
- In one line: House prices rise as mortgage rates look set to fall again.
Rob Wood (Chief UK Economist)UK
STEADY GROWTH DESPITE STICKY RATES...
- ...HOUSING MARKET ACTIVITY TO ACCELERATE IN H2
Rob Wood (Chief UK Economist)UK
- In one line: Persistent services inflation means more delay to rate cuts.
Rob Wood (Chief UK Economist)UK
LATER RATE CUTS SLOW THE HOUSING MARKET RECOVERY...
- ...WE EXPECT HOUSE PRICES TO RISE ONLY 3% IN 2024
Rob Wood (Chief UK Economist)UK
- In one line: House prices are resisting the mortgage rate rise.
Rob Wood (Chief UK Economist)UK
- In one line: June rate cut off the cards as services barely slows.
Rob Wood (Chief UK Economist)UK
- In one line: Two corrections starts to become a trend.
Rob Wood (Chief UK Economist)UK
A SMALL WOBBLE AS MORTGAGE-RATE DROP PAUSES...
- ...BUT PRICES WILL STILL RISE 4% IN 2024
Rob Wood (Chief UK Economist)UK