State of Play. 16 November 2023
Relief rally
For policymakers, this week represents a nervous ride, praying for reasons to be cheerful. When central banks paused interest rate rises two weeks ago, their decision was based on previous data and expectations of future trends. Does the latest information on employment, wage rises, and inflation back up their expert opinion or warrant a rethink?
Simon Durling, Santander Asset Management UK’s senior investment specialist shares his thoughts in this week’s State of Play.