Pantheon Macroeconomics

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14th Apr 2023 15:25U.K., Weekly Monitor

  • Our interest rate forecasts for the U.K. and U.S. suggest the pound will rise well above $1.30 by year-end...
  • ...But a U.S. recession likely will trigger safe-haven flows to the dollar; $1.25 is a more likely anchor point.
  • A risk premium might emerge if the economy recovers in 2024, raising the chances of a hung parliament.

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Keywords for: 17 Apr 2023 UK Monitor

economy, forecasts, interest rate, recession, sterling, u.s., uk, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence