UK Publications
Below is a list of our UK Publications for the last 6 months. If you are looking for reports older than 6 months please email info@pantheonmacro.com, or contact your account rep
Please use the filters on the right to search for a specific date or topic.
Elliott Laidman Doak (Senior UK Economist)
- We expect GDP growth of 0.3% quarter-to-quarter for the rest of the year, after the 0.6% increase in Q1.
- Sticky services prices and energy effects mean we see inflation rising to 2.8% by Q4 2024.
- We now expect the first Bank Rate cut in August, then once per quarter thereafter.
Elliott Laidman Doak (Senior UK Economist)UK
- We expect two-year gilt yields to fall to 3.9% by end- 2024 as the MPC cuts rates.
- But high government refinancing and BoE gilt sales limit the fall in 10-year gilt yields to 4.0% at end-2024.
- Upside risks remain from inflation persistence and implausibly low public-spending forecasts.
Elliott Laidman Doak (Senior UK Economist)UK
- We see the MPC continuing quantitative tightening at its current £100B-per-year pace in 2024/25.
- The MPC has said explicitly that it does not see rate cuts and QT as contradictory.
- Reserves will not reach ‘equilibrium’ until 2026, even with QT at a £100B-per-year pace.
Elliott Laidman Doak (Senior UK Economist)UK
