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The Bank of Canada is trying to thread a needle. It's keeping rates higher for longer at least in part because it's worried a rate cut now could undermine the last two years of pain and progress.
Economic analysts have noted that Chancellor Jeremy Hunt has taken a different path from his predecessors such as David Cameron's chancellor George Osborne, with decisions in the Spring Budget that could leave workers better off, but pensioners worse off.
Economists and political scientists have suggested the Spring Budget package was so "small scale" it did not indicate the government was about to go to the polls.
A Spring Budget short of eye-catching announcements has left Conservative MPs in the belief that Prime Minister Rishi Sunak and Chancellor Jeremy Hunt are planning more tax cuts in the Autumn before finally calling a general election.
Chancellor Jeremy Hunt's decision to leave a narrow fiscal "buffer room" in Wednesday's budget has been described as a "high risk" strategy by economists who say that deep public spending cuts could be penciled in on the horizon to pay for it.
Campaigners have said the cost of living support measures announced in Jeremy Hunt's Spring Budget fall short of what is needed to help households struggling with the cost of living.
Chancellor Jeremy Hunt delivered his Spring Budget to the House of Commons on Wednesday, with Conservative MPs clamouring for tax cuts in the lead up to the General Election.
Chancellor Jeremy Hunt has announced a cut to National Insurance and abolished non-dom tax status in the Spring Budget.