UK Chancellor Reeves (Spring Statement): says the OBR expects inflation to fall faster than they forecast in the Autumn Budget

• Growth forecasts largely unchanged over the period.

Chancellor Reeves' comments suggest the Office for Budget Responsibility (OBR) anticipates a quicker decline in UK inflation than previously expected. This outlook may influence market expectations around future monetary policy, particularly if it leads to a shift in sentiment regarding rate hikes, as stable growth forecasts indicate that the economic backdrop remains supportive for potential easing measures.