**[November Credit Surges Beyond Expectations, Experts Predict Bank of England Still Has Room for Rate Cuts]** Golden Ten Data, January 5 – Andrew Wishart from Berenberg Bank stated that the robust growth in UK bank credit in November indicates that the impact of policy uncertainty on consumption and investment was less than expected ahead of the budget announcement. Consumer loans for the month rose to £6.6 billion, while mortgage performance was also very strong. Nevertheless, Wishart expects house price growth to remain slow in the short term. The strong credit growth does suggest that inflation could become more persistent, but the current monetary policy stance may help suppress prices. Wishart also pointed out that the cooling economy should help control inflation, allowing the Bank of England to lower interest rates from 3.75% to 3.00% this year.