- The near-term economic outlook remains weak in line with our projections
- Financial conditions have loosened more than projected, while energy prices have been weaker
- The drop in unemployment to a historical low confirms continued strong resilience in labour markets, which is broadly in line with the December 2023 staff projections
- As inflation falls, we continue to expect a gradual decline in wage growth in 2024
This article was written by Adam Button at www.forexlive.com. Source