Pantheon Macroeconomics - Investors anticipate a shift up in the MPC's hawkish rhetoric today. After August's consumer price figures showed CPI inflation rising to 2.9%--0.2 percentage points above the Committee's forecast--the market implied probabilities of a rate hike by the November and February meetings jumped to 35% and 60%, respectively, from 20% and 40%.

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14 September Weak Wage Figures Point to a Less Hawkish MPC than Markets Expect

By Samuel Tombs

Investors anticipate a shift up in the MPC's hawkish rhetoric today. After August's consumer price figures showed CPI inflation rising to 2.9%--0.2 percentage points above the Committee's forecast--the market implied probabilities of a rate hike by the November and February meetings jumped to 35% and 60%, respectively, from 20% and 40%.

Posted: 13th Sep 2017 in 'U.K. Documents'

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Keywords for: U.K. Documents | 14 September Weak Wage Figures Point to a Less Hawkish MPC than Markets Expect

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