Will lower inflation mean the MPC cuts rates faster?

The UK inflation outlook has been transformed by steep falls in oil and gas prices and a softening in core price pressures and we think there’s a good chance that inflation will be back at the 2% target in April. The case for loosening monetary policy looks strong, but will the MPC agree? In this webinar we looked at how the inflation and monetary policy outlooks will evolve in 2024.

Andrew Goodwin

Chief UK Economist

+44 (0) 20 3910 8013

Andrew Goodwin

Chief UK Economist

London, United Kingdom

Andrew Goodwin is the Chief UK Economist at Oxford Economics. He is responsible for Oxford Economics’ UK macroeconomic forecasting and analytical content. Andrew regularly comments on the UK’s economic outlook in print, online and broadcast media. Andrew has been with Oxford Economics since August 2008.

Before joining Oxford Economics, he spent three years working for Experian, where he managed the Regional Planning Service and produced UK macroeconomic forecasts from the national level down to local authorities. Before joining Experian, Andrew spent four years as a senior economist at the Confederation of British Industry (CBI).

Edward Allenby

Assistant UK Economist

Private: Edward Allenby

Assistant UK Economist

London, United Kingdom

Edward is an Assistant Economist within the Macro and Investor Services team, having joined as a graduate in September 2022. Since joining, he has been involved in Oxford Economics’ UK macroeconomic forecasting and analytical content. Prior to joining Oxford Economics, Edward spent a summer working for Greencroft Economics as an Economic Analyst. There, he contributed to a number of energy and sustainability projects in developing countries. Edward also undertook a year-long internship at HM Treasury, where he specialised in macroeconomic labour market analysis. He holds a MSc Economics from the University of Nottingham.

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