There was no “Liz Truss” moment, but the impact of the Budget will be felt in the housing market for some time
Confidence grows among global consultancy firms as capital markets activity grows
Bank lending to business to grow by 0.8% this year
Bank of England boss says latest figures leave us “where we were”
But older offices could bear the brunt of a debt funding gap, says Moody’s
Economists have painted a muddled picture for 2024
Predictions are that rates will drop to 4% before the end of 2024
Bank of England will hold firm today, but rates could fall to 4.25% by the end of 2024
But markets are predicting a cut to 4.5% by the end of next year
Markets may have priced in falls, but the Bank of England is still saying “higher for longer”
With inflation falling, investors expect a drop in rates early next year
COMMENT Investec’s Will Scoular anticipates “higher for longer” interest rates