bullish

UK: Cycle Burn-Out Partly Seasonal

300 Views12 Sep 2023 19:40
The ​UK unemployment rate rose to 4.3% but the slackening trend may slow soon. Demand is waning, possibly leading excess wage settlements to break. The BoE should keep hiking but may stop in November.
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Phil Rush
Chief Economist
Heteronomics
United KingdomMulti-AssetMacroeconomicsCross Asset Strategy
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