NIESR: BoE may cut rates earlier due to subdued growth

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<p>NIESR forecasts that UK&#8217;s GDP will remain flat Q3. An early prediction for Q1 of 2024 indicates a modest GDP growth of 0.3%, primarily driven by the services sector. NIESR noted that these projections align with UK&#8217;s long-term trend of low but stable economic growth. Today&#8217;s subdued GDP data, as suggested by NIESR, might be [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/live-comments/531573-niesr-boe-may-cut-rates-earlier-due-to-subdued-growth/">NIESR: BoE may cut rates earlier due to subdued growth</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>