U.K. | 11 July 2018 Monthly GDP Data Tip the Balance Towards an August Rate Hike
The upturn in the new monthly measure of GDP in May, released yesterday, was strong enough--just--to suggest that the MPC likely will raise Bank Rate at its next meeting on August 2.
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By Samuel Tombs
The upturn in the new monthly measure of GDP in May, released yesterday, was strong enough--just--to suggest that the MPC likely will raise Bank Rate at its next meeting on August 2.
Posted: 10th Jul 2018 in 'U.K.'
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