Pantheon Macroeconomics

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14th Apr 2023 15:35U.K., Daily Monitor

  • Investors expect at least one more rate hike, but we side with most economists in expecting no change.
  • This week’s data are critical; wage growth and services inflation likely will remain lower than the MPC expects.
  • We think markets are right, however, to think the MPC will wait until next year to cut rates, unlike the U.S. Fed.

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Keywords for: 18 Apr 2023 UK Monitor

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