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德意志银行:英国的劳动力市场将继续疲软

Core Viewpoint - Deutsche Bank analysts predict that the UK labor market will continue to weaken, leading the Bank of England to reverse its restrictive monetary policy [1] Labor Market Analysis - The unemployment rate is expected to rise above the Bank of England's modal forecast, indicating ongoing deflationary pressures [1] - In May, employment numbers decreased by 109,000, marking the most significant drop since May 2020, which paints a concerning picture of the labor market [1] Monetary Policy Outlook - Deutsche Bank forecasts that the Bank of England's interest rate will decrease from the current 4.25% to 3.5% by the end of this year, and further to a low of 3.25% in the first quarter of 2026 [1]