Pantheon Macroeconomics - The latest PMIs have added to the weight of evidence that the economic recovery has lost momentum this year. The prevailing view in markets, however, that the Monetary Policy Committee is more likely to cut--rather than raise--interest rates this year continues to look misplaced because inflation pressure is building.

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6 Apr. Britain's Happy Period of Strong Growth and Low Inflation is Over

By Samuel Tombs

The latest PMIs have added to the weight of evidence that the economic recovery has lost momentum this year. The prevailing view in markets, however, that the Monetary Policy Committee is more likely to cut--rather than raise--interest rates this year continues to look misplaced because inflation pressure is building.

Posted: 6th Apr 2016 in 'U.K. Documents'

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Keywords for: U.K. Documents | 6 Apr. Britain's Happy Period of Strong Growth and Low Inflation is Over

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