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BoE DMP (Dec): 1yr ahead CPI expectations maintained at 3.4%; 3yr ahead maintained at 2.9%

The BoE's December DMP indicates stable 1-year and 3-year inflation expectations, which may signal a steady outlook on policy rates.

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BoE DMP (Dec): 1yr ahead CPI expectations maintained at 3.4%; 3yr ahead maintained at 2.9%

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Wage Growth

  • 1yr ahead: 3.7% (prev. 3.8%)
Context

However, a slight dip in 1-year wage growth expectations from 3.8% to 3.7% could reflect potential easing in wage pressures, impacting inflation dynamics and future monetary policy considerations.

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