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11th May 2023 15:12U.K., Daily Monitor

  • Governor Bailey says the MPC has “no bias in our setting of rates going forwards”; data outturns will be key.
  • Surveys point to clear downside risk to the MPC’s new forecast for employment to rise by 0.2% q/q in Q2.
  • Flash Eurozone data suggest both food and core goods CPI inflation will undershoot the MPC’s forecast in April. 

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Keywords for: 12 May 2023 UK Monitor

core goods, cpi, cpi inflation, employment, May, mpc, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence