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B o E Money and Credit - Comment from Richard Pike, Phoebus Software - " holding out in the hope of rate cuts"
31 May 2024
Here is a comment on the Bank of England Money and Credit from Richard Pike, chief marketing and sales officer (CSMO) at Phoebus.
He said:
“While today’s figures are a mix of positivity and caution, consumer confidence and market sentiment are on the up. Borrowers do, however, appear to be holding out in the hope of rate cuts before committing to a new product.”
