• 09/21/2024

Morgan Stanley Lifts BOE Rate Forecast After Strong Labor Data

Wall Street Journal

Morgan Stanley Research has raised its Bank of England rate expectation to 5% as of August, up from 4.75%, after data on Tuesday showed U.K. wage growth excluding bonuses rose 7.2% in the quarter that ended in April.

https://www.wsj.com/articles/morgan-stanley-lifts-boe-rate-forecast-after-strong-labor-data-7e5812ee