Pantheon Macroeconomics - Mark Carney's assertion that "...some monetary policy easing will likely be required over the summer" is a clear signal that an interest rate cut is in the pipeline. But easing likely will be modest, due to the much higher outlook for inflation following sterling's precipitous decline.

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1 July. 2016 The MPC Likely Will Dash Expectations of Substantial Easing

By Samuel Tombs

Mark Carney's assertion that "...some monetary policy easing will likely be required over the summer" is a clear signal that an interest rate cut is in the pipeline. But easing likely will be modest, due to the much higher outlook for inflation following sterling's precipitous decline.

Posted: 1st Jul 2016 in 'UK Documents'

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