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inflation forecast remains steady as food prices continue to rise

Inflation is expected to remain at 3%, driven by rising food and drink prices, despite a decrease in services inflation. Goldman Sachs forecasts a slight increase to 2.97%, while Deutsche Bank anticipates elevated food and energy prices will keep the cost of living around 4% for much of the year. The Bank of England's Monetary Policy Committee is expected to cut rates multiple times this year, although rising prices may delay these reductions.
Mortgage Finance Gazette
United States Dollar The Goldman Sachs Group, Inc. Deutsche Bank RV Global PP GBR James Moberly Sanjay Raut Show more
Finance & Economy, Market Report
14:19 21.03.2025

deutsche bank forecasts rising uk inflation expectations through 2025

U.K. inflation expectations are rising, with Deutsche Bank forecasting they will remain elevated through 2025, driven by increases in food and energy prices. The Bank of England's data shows short-term expectations at 3.9%, prompting concerns about second-round effects on the economy. While rate cuts are anticipated, the MPC may pause if inflation continues to climb, particularly as it assesses 2026 pay settlements.
Investing.com
British Pound Sterling Deutsche Bank RV Global PP Citizens, Inc. Bank of England GBR Sanjay Raut Show more
Finance & Economy, Market Report
11:45 21.03.2025
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