Bank of England May Be Wary of Looking Past Another Energy Shock


“I continue to think that the Bank of England will cut more than expected, maybe they delay the cut,” said Samy Chaar, chief economist at Lombard Odier. “But in the end, what I think matters for the rate outlook in the UK, in Europe and the US, is the sources of domestic inflation… Wages are coming down. Labor markets are wobbly.”



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