- McCafferty: Wage gains may pick up next year
- BOE rate may raise very gradually over coming years
- Readings on the UK economy are positive
The ‘lower peak’ is a powerful argument in all developed economies. I think expectations about that peak will continue to slide until they’re in the 2.00% range, and even that might be rich.
Keep in mind the comments are from one of the most-hawkish BOE members.
