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9th Dec 2022 15:13U.K., Weekly Monitor

  • The MPC looks set to revert to a 50bp rate hike; data have come in broadly in line with its expectations.
  • But at least two members will dissent dovishly, and the MPC likely will try to steer market rates down again.
  • Overall financial conditions are just as tight as in No- vember, when the MPC sought to lower the yield curve.

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Keywords for: 12 Dec 2022 UK Monitor

market rates, mpc, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence