"Markets are pricing some cuts this year and I think that is not going to work, that's not going to be what transpires, so there is room for downside from here for equities," said Vivek Paul, UK chief investment strategist at BlackRock Investment Institute.
in interest rates and warned that pausing risked a confusing "policy boogie" if it turned out rates would need to rise again.last week and signalled the tide was turning in its battle against high inflation.in almost three years in January as rising borrowing costs hit house-building hard.
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