The RCN's Rejection of the Pay Offer to Nurses

If inflation can go back into single digits, it dials back pressure on the Bank of England to keep hiking rates. Most economists reckon we won't see another rate rise in May. But unlike economists, markets see another half point of hikes by September. They see more than an 80% chance of another hike in May. The data this week really are make or break for the May meeting.