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11th Apr 2024 19:20UK, Weekly Monitor

  • We raise our growth forecast, and now expect a 0.4% quarter-to-quarter GDP gain in Q1.
  • Returning growth won’t stop the MPC cutting rates but will keep it to a one-cut-per-quarter pace.
  • The MPC switching to scenarios, from fan charts, post Bernanke Review likely matters little to markets.

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Keywords for: 15 April 2024 UK Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence