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18th Dec 2024 18:36UKDaily Monitor

  • Three MPC members supporting an immediate rate cut keeps a February reduction odds-on…
  • ...But it is not a dead cert, as the cautious MPC minutes give rate-setters the option to skip February.
  • MPC members went for flexibility, eschewing any commitment to cutting at specific meetings.

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Keywords for: 20 December 2024 UK Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence