- We don't know if 4.25% will be a peak in rates
- We see signs of inflation peeking, but it's far too high
- There are signs of inflation pressures calming down
- We are much more hopeful now that UK won't enter a recession
- I don't think we will see a repeat in 2008 banking crisis: UK banks are much stronger
The market is pricing around 50-50 now that rate will peak at 4.5%
