【Knight Frank】Leading Indicators | 2024: the year of interest rate cuts, elections and manufacturing?

Due to softer-than-expected inflation and wage growth figures in December, economists now expect the Bank of England (BoE) to cut interest rates faster and further than previously anticipated. Economists predict between 100bps – 125bps of rate cuts from the BoE, starting in May or June, depending on the forecast house. 

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