The monetary policy committee will have its next meeting on 20 June
Remains unlikely rates will fall close to or below inflation in 2024
The higher-for-longer interest rate outlook is at the heart of Vanguard’s economic and market outlook for 2024. Find out what investors can expect in 2024 and beyond.
Mounting fears over an incoming recession
Productivity growth remains 'in the doldrums'
US budget deficit may mean yields stay higher for longer
Markets might have got their interest rate outlook wrong, but the case for holding global bonds as part of a multi-asset portfolio remains as strong as ever.
Six - three split among Monetary Policy Committee members
MPC in split decision after inflation unexpectedly fell in August
Better domestic data bodes well for mid and small caps