Pantheon Macroeconomics - The preliminary estimate of Q3 GDP, showing quarter-on-quarter growth slowing only to 0.5% from 0.7% in Q2, has kiboshed the chance that the MPC cuts Bank Rate next Thursday.

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28 October. 2016 Markets Are Complacent About the Chances of Another Rate Cut

By Samuel Tombs

The preliminary estimate of Q3 GDP, showing quarter-on-quarter growth slowing only to 0.5% from 0.7% in Q2, has kiboshed the chance that the MPC cuts Bank Rate next Thursday.

Posted: 27th Oct 2016 in 'UK Documents'

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